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The Philippines having to host the Loss and Damage Fund Board under the UN Framework Convention on Climate Change will help the country gain fair access to financial resources for funding climate change adaptation and mitigation measures.
“As a former delegate to the UNFCCC, alongside many Filipino experts, we fought for the principle of loss and damage and why it needs compensation,” said Salceda. Maricel V. Cruz As the host of the Board of the Fund, the Philippines will continue to concretely contribute to the fast and seamless operationalization of the LDF, particularly by “ensuring that the meetings of the Board are successfully held and supported.”
Salceda urged the Marcos administration to take an aggressive stance on loss and damage during climate talks in 2022, in the aftermath of typhoon Paeng.
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