Philippine president pushes lawmakers to pass law to legitimise country as loss and damage fund host

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Eco-Business 15h ago

Philippine president pushes lawmakers to pass law to legitimise country as loss and damage fund host - Eco-Business

Quick Summary:

In his third state of the nation address, Philippine president Ferdinand Marcos, Jr urged lawmakers to enact an enabling law for the climate fund, but advocates lament lack of climate justice among his priorities.

President Ferdinand “Bongbong” Marcos, Jr delivers his state of the nation address in Batasang Pambansa in Quezon City on 22 July, 2024.

Normally it is enough for an institution or corporation to be registered in the Philippines to be able to operate in the country, said Lidy Nacpil, coordinator of the Asian Peoples’ Movement on Debt and Development (APMDD), a regional alliance for people-centered development and economic and climate justice.