ASEAN member states seek loss and damage fund for disasters
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ASEAN member states seek loss and damage fund for disasters
Residents ride canoes to and from their homes in the still-flooded barangay of Dela Paz in Binan, Laguna on November 18, 2024. Jonathan Cellona, ABS-CBN News
Residents ride canoes to and from their homes in the still-flooded barangay of Dela Paz in Binan, Laguna on November 18, 2024. Jonathan Cellona, ABS-CBN NewsMembers of the Association of Southeast Asian Nations (ASEAN) were working double time to establish a funding system to address loss and damage caused by disasters.
Members of the Association of Southeast Asian Nations (ASEAN) were working double time to establish a funding system to address loss and damage caused by disasters.
On the sidelines of the ongoing Conference of Parties in Baku, Azerbaijan, representatives expressed the need for such funding as they are at the forefront of typhoons, climate hazards, and other challenges.
On the sidelines of the ongoing Conference of Parties in Baku, Azerbaijan, representatives expressed the need for such funding as they are at the forefront of typhoons, climate hazards, and other challenges.
The Philippines is the host of the United Nations Board of the Loss and Damage Fund. However, ASEAN member states want to establish a system for the region.
The Philippines is the host of the United Nations Board of the Loss and Damage Fund. However, ASEAN member states want to establish a system for the region.
"The Philippines shows its share to the solutions in making sure that we are also responding to the timely decisions of the COP particularly on the funding of loss and damage," said John Adrian Nanag of the Department of Finance.
"The Philippines shows its share to the solutions in making sure that we are also responding to the timely decisions of the COP particularly on the funding of loss and damage," said John Adrian Nanag of the Department of Finance.
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He noted that the Philippines is "very dedicated to all parties involved and all our stakeholders."
He noted that the Philippines is "very dedicated to all parties involved and all our stakeholders."
"It is important to make this happen. A platform or hub for technical assistance," said Jayvy Gamboa of the Manila Observatory.
"It is important to make this happen. A platform or hub for technical assistance," said Jayvy Gamboa of the Manila Observatory.
According to a study by the ASEAN-German Climate Action Program, the ASEAN region faces rapid-onset events such as tropical cyclones, floods, droughts, and heatwaves.
According to a study by the ASEAN-German Climate Action Program, the ASEAN region faces rapid-onset events such as tropical cyclones, floods, droughts, and heatwaves.
It also faces slow-onset events such as sea-level rise, land degradation, biodiversity loss, and ocean acidification.
It also faces slow-onset events such as sea-level rise, land degradation, biodiversity loss, and ocean acidification.
"The impact of the sea level rise will not only hamper the community but largely it will impact the sovereignty. It's triggering," explained Prakama Raja Siregar of the action program.
"The impact of the sea level rise will not only hamper the community but largely it will impact the sovereignty. It's triggering," explained Prakama Raja Siregar of the action program.
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The region plans to develop an institution that will focus on loss and damage for ASEAN and to put up an insurance scheme for the impacts of climate change.
The region plans to develop an institution that will focus on loss and damage for ASEAN and to put up an insurance scheme for the impacts of climate change.
An instrument will also be set up for all member states to follow so that it could be properly discussed as an association.
An instrument will also be set up for all member states to follow so that it could be properly discussed as an association.
Meanwhile, various civil society groups from the Philippines continued to clamor for climate justice through financing developing countries.
Meanwhile, various civil society groups from the Philippines continued to clamor for climate justice through financing developing countries.
The groups requested $1.3 trillion from most Global North countries to contribute to the loss and damage fund, with some of the amount to be used to cover existing damage.
The groups requested $1.3 trillion from most Global North countries to contribute to the loss and damage fund, with some of the amount to be used to cover existing damage.
“We support the call of our Philippine Negotiators that Loss and Damage must be included in the Finance code and must be obligatory,” said Rodne Galicha, national convener for Aksyon Klima Pilipinas, one of the largest civil society networks for climate action in the Philippines.
“We support the call of our Philippine Negotiators that Loss and Damage must be included in the Finance code and must be obligatory,” said Rodne Galicha, national convener for Aksyon Klima Pilipinas, one of the largest civil society networks for climate action in the Philippines.
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“Someone clearly has to pay. We stand in solidarity with the people who are being impacted by these typhoons. We demand climate accountability and climate justice,” said Joel Chester Pagulayan, climate justice portfolio manager of Oxfam Pilipinas.
“Someone clearly has to pay. We stand in solidarity with the people who are being impacted by these typhoons. We demand climate accountability and climate justice,” said Joel Chester Pagulayan, climate justice portfolio manager of Oxfam Pilipinas.
The National Council of Churches of the Philippines said it wanted to examine the agricultural losses caused by climate change.
The National Council of Churches of the Philippines said it wanted to examine the agricultural losses caused by climate change.
“This is not a discussion of fundraising but a demand for responsibility. It must be in grants, not loans,” said Patricia Mungcal, a humanitarian response program manager.
“This is not a discussion of fundraising but a demand for responsibility. It must be in grants, not loans,” said Patricia Mungcal, a humanitarian response program manager.
Greenpeace Southeast Asia emphasized that much remains to be done and the needs are immense. Meanwhile, developed nations have refused to budge on the amount they should contribute.
Greenpeace Southeast Asia emphasized that much remains to be done and the needs are immense. Meanwhile, developed nations have refused to budge on the amount they should contribute.
"I demand for our Philippine delegation to keep pushing for developing countries’ interest and for the Philippines’ interest," said Greenpeace Southeast Asia Executive Director Naderev Saño.
"I demand for our Philippine delegation to keep pushing for developing countries’ interest and for the Philippines’ interest," said Greenpeace Southeast Asia Executive Director Naderev Saño.
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Under the Paris Agreement, countries are bound to adhere to the climate treaty by submitting plans for climate action.
Under the Paris Agreement, countries are bound to adhere to the climate treaty by submitting plans for climate action.
Negotiations are set to continue until November 22.
Negotiations are set to continue until November 22.
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