LOREN AS­SURES COM­PLI­ANCE WITH PARIS AGREE­MENT GOAL

Philippine Daily Inquirer - - NEWS - By Jocelyn R. Uy @mj_uyINQ

Sen. Loren Le­garda on Mon­day as­sured international cli­mate al­lies at the 23rd United Na­tions Cli­mate Change Con­fer­ence (COP23) in Bonn, Ger­many, that the Philip­pines’ Na­tion­ally De­ter­mined Con­tri­bu­tions (NDC) would be com­pat­i­ble with the 1.5-de­gree Cel­sius cli­mate goal as pre­scribed in the 2015 Paris Agree­ment.

Le­garda, head of the Philip­pine del­e­ga­tion to the COP23, also ex­pressed sup­port for the no­tion that green in­no­va­tive fa­cil­i­ties could stim­u­late eco­nomic growth for the Philip­pines.

“Rest as­sured I shall do ev­ery­thing in my power to en­sure that the Philip­pines’ NDC will soon be rated 1.5 C-com­pat­i­ble as well, as I as­sume all my coun­ter­parts in other [cli­mate vul­ner­a­ble coun­tries] are do­ing as well,” Le­garda said.

The se­na­tor de­liv­ered a key­note speech late on Mon­day night at the side event, “In­no­va­tive Cli­mate Fi­nance Strate­gies and In­stru­ments by and For Cli­mate Vul­ner­a­ble Coun­tries” or­ga­nized by the Cli­mate Vul­ner­a­ble Fo­rum (CVF).

In her speech, she cited the lat­est anal­y­sis of Cli­mate Ac­tion Tracker show­ing that only Morocco and Gam­bia had NDCs com­pat­i­ble with 1.5 C, and four out of five coun­tries that have 2 C-com­pat­i­ble cli­mate ac­tion plans are also mem­bers of the CVF.

These coun­tries are Bhutan, Costa Rica, Ethiopia and the Philip­pines, she said.

The CVF is an international al­liance of coun­tries highly vul­ner­a­ble to a warm­ing planet.

The 196-na­tion Paris Agree­ment calls for cap­ping global warm­ing at 2 C be­low prein­dus­trial lev­els.

The Philip­pines ear­lier pledged a 70-per­cent cut in car­bon emis­sions by 2030.

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