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Philippines moves to gain access to UN funds for climate

Philippines
Manila Bulletin
08/08/2010
Ellalyn B. De Vera

In a bid to access the multimillion dollar Kyoto Protocol’s Adaptation Fund (AF), the Philippine government has submitted to the United Nations (UN) its National Framework Strategy on Climate Change (NFSCC) which lays out the road map for the country’s approach in addressing the world’s changing climate.

To gain access to the Fund, Philippine delegation head to Germany and Climate Change Commission (CCC) Vice Chairman Heherson Alvarez said the country has submitted the framework to UN Framework Convention on Climate Change executive secretary Christiana Figueres during the five-day UNFCCC negotiations in Bonn, Germany last week.

Alvarez said the AF, which is estimated to range from US$250 million to US$350 million by 2012, will help the country cope with the impacts of climate change, at times of drought, floods, and typhoons.

He explained that the AF is financed from the share of proceeds on the clean development mechanism (CDM) project activities and other sources of funding.

He added that the share of proceeds amounts to 2 percent of certified emission reductions (CERs) issued for a CDM project activity.

“We have highlighted the high vulnerability of the Philippine archipelago to heavy rains, floods, landslides, droughts and sea level rise, in our bid to have access to the Fund,” Alvarez said.

“It is very important to prepare our country and our people to face the escalating climate change and its impacts. This must be a priority,” he added.

The NFSCC, approved in Palawan last April, serves as the country’s blueprint “for climate change planning, research and development, extension, and monitoring of activities to protect vulnerable communities from the adverse effects of climate change.”

Figueres agreed to the proposal that adaptation will be very important for the Philippines and mulled possible support from the UN for “prompt-start” activities,

Alvarez noted.

Alvarez also said that additionally, a financing package of US$ 100 billion per annum is being prepared by Advisory Group on Climate Change Financing (AGF) organized by the Secretary General of the UN to fund climate change adaptation.

Panelists explained that the AGF aims to help make progress in the UNFCCC process and that it must deliver an analysis of financing options that are technically sound and politically viable, and that add up to US$100 billion per year by 2020.

The AF was established by the Parties to the UNFCCC to finance concrete adaptation programs in developing countries under the Kyoto Protocol that are particularly vulnerable to the adverse effects of climate change. The AF is supervised and managed by the Adaptation Fund Board (AFB).

Alvarez said the Philippines can have direct access to the Fund through its National Implementing Entity (NIE), which is accredited to manage AF grants.

El contenido de las noticias que se presentan en esta sección es responsabilidad directa de las agencias emisoras de noticias y no necesariamente reflejan la posición del Gobierno de México en este u otros temas relacionados.

    

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