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PARIS, France — The world may cross the crucial 1.5C global warming threshold in seven years as fossil fuel CO2 emissions continue to rise, scientists warned Tuesday, urging countries at the COP28 talks to "act now" on coal, oil and gas pollution.
MANILA: The Asian Development Bank (ADB) said on Monday it will allot $10 billion in climate finance for the Philippines between 2024 and 2029. The funds will help the Philippines implement its commitments to climate action under the Paris Agreement, the ADB said in a statement during the COP28 climate summit in Dubai. ADB said the funding forms part of the multilateral lender's new programme being developed for the Philippines to support low-carbon transport, renewable energy, the development of carbon markets, flood management, resilient coastal development, food security, and adaptive health and social protection.
BY JOCELYN MONTEMAYOR and ASHZEL HACHERO PRESIDENT Marcos Jr. yesterday cancelled his trip to Dubai where he was se
DUBAI – The Philippines intends to host the more than $400-million fund that several countries have committed as compensation for nations bedeviled by extreme weather conditions caused by climate change.
MANILA, Philippines — President Ferdinand Marcos Jr. urged prompt establishment of the "Loss and Damage Fund," aimed at aiding vulnerable nations hit by the climate crisis, while seeking backing for the Philippines' bid to host the fund.
The COP28 climate summit is underway in Dubai. Few are hopeful any major breakthrough will be achieved to reverse global warming.
DUBAI — Despite President Marcos’ last-minute cancellation of his trip to the United Arab Emirates, the gathering with the Filipino community here pushed through on Thursday night and was filled with fun and performances.
DUBAI — The Philippine government will exhaust all remedies available to bring home safely the 17 Filipino seafarers held hostage by Yemen’s Iran-backed Houthi militants in the Red Sea, President Marcos said yesterday, as authorities bared plans to expand the list of high-risk areas in one of the world’s busiest shipping lanes.