PHL elected host of the board of UN Climate Change body’s $726-M loss and damage fund

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THE Philippines won its bid to host the board that will manage the multimillion- dollar loss and damage fund of the United Nations Climate Change Commission.

He then asked the board to confirm the subcommittee decision during the second board meeting in Incheon, South Korea Tuesday afternoon.“Can I take it that the board is ready to adopt this decision?

The Philippines, he added, believes that the decision represents a “strong commitment and willingness” of the board to move forward in a “fast and sure manner.“We do not take this matter lightly and we commit to fully comply with the undertaking and promises made in the bid of the Philippines,” he added.

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Article Details

Author / Journalist: Malou Talosig-Bartolome

Category: BusinessStartups

Markets: PhilippinesAntigua and BarbudaArmeniaBahamasBarbadosEgyptKenyaSouth KoreaSouth AfricaTogo

Topics: Loss Subcommittee Climate Philippines Country Fund Change Board Host Damage Countries

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-09 @ 15:12:08 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 713 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 31 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 21556012

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Official Website: businessmirror.com.ph

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