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President Ferdinand Marcos announced that the Philippines had been elected to host the Loss and Damage Fund Board, winning over seven other contenders.
“Hosting the LSF Board reinforces our dedication to inclusivity and our leadership role in ensuring that the voices of those most affected by climate change shape the future of international climate policies,” he added. In April, the Philippines declared its intention to host the LDF Board, following President Marcos’ order to form an interagency technical working group to lead the effort.
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