The Philippines will seek funding from developed countries for national adaptation to climate change, which is primarily caused by greenhouse gas (GHG) emissions.
The bid for climate justice is necessary since the Philippines accounts for less than 1.0 percent of global GHG emissions but is among the countries most at risk for and vulnerable to climate change impacts.
“We’ll ask developed countries to help us fund our initiatives for us to adapt to the changing climate,” Department of Finance (DOF) Assistant Secretary Paola Sherina Alvarez said.
Alvarez noted climate financing in the Philippines is focused more on adaptation than on GHG emission mitigation as climate change is already threatening the country. The country will make its pitch for climate justice during the forthcoming Conference of the Parties (COP) to UN Framework Convention on Climate Change, she added.
The United Kingdom which was announced as the host of COP in Glasgow in November this year has previously reported continuing work with the Philippines to tackle climate change and promote biodiversity conservation.
Experts said fossil fuel-fired power generation and other human activities are increasing the accumulation of GHG emissions in the atmosphere so global temperature continues rising, changing climate.
Climate change’s impacts on the Philippines are sea level and temperature rise as well as increasing frequency of extreme weather events like super typhoons, they noted.
The COP26 summit in November will bring parties together to accelerate action towards the goals of the Paris Agreement and the UN Framework Convention on Climate Change.