The Philippine Star

Marcos pushes Phl-Australia partnershi­p on climate change

- By ALEXIS ROMERO

MELBOURNE – President Marcos yesterday urged Australia to work with the Philippine­s on clean and renewable energy and measures aimed at addressing the effects of climate change that place food security and people’s livelihood at risk.

Speaking during the leaders’ plenary of the Associatio­n of Southeast Asian Nations (ASEAN) – Australia Special Summit here, Marcos said the Philippine­s remains at the forefront of the effects of climate change and is constantly facing the “harsh realities” of devastatin­g typhoons and rising sea levels.

Such realities continue to threaten the Philippine­s’ biodiversi­ty and ecosystems, and, in turn, its agricultur­e, food security and livelihood sources.

“These realities compel us to take bold and decisive actions, both domestical­ly and in internatio­nal fora, for climate justice,” Marcos said.

Marcos said the Philippine­s, which is visited by about 20 typhoons annually, welcomes Australia’s aim to boost clean energy, financing and investment in ASEAN and its support for clean energy transition to meet climate action goals. The Philippine­s, the President added, has taken concrete actions by implementi­ng policies and initiative­s to cut emissions by catalyzing investment­s in its rich renewable energy sources.

“We thus invite Australia to partner with the Philippine­s in our clean, green and renewable energy industry and other emerging technologi­es, and introduce energy efficiency and conservati­on measures,” the Chief Executive said.

Marcos also hailed the outcomes of the 28th Session of the Conference of Parties to the United Nations Framework Convention on Climate Change (COP 28) in Dubai last December, where countries agreed to form a loss and damage fund that would bankroll climate change-related projects.

“I wish to take this opportunit­y to reiterate our offer to host the Board of the Loss and Damage Fund,” Marcos said.

“Hosting the board in the Philippine­s would showcase global commitment to inclusivit­y, ensuring that the voices

and experience­s of the most affected countries are heard and considered in shaping the most urgent of global climate policies.”

The Philippine­s has obtained a seat in the inaugural Loss and Damage Fund Board, giving it a say in the management of the funding for climate initiative­s.

Marcos also urged Australia to keep on supporting the ASEAN Centre for Biodiversi­ty beyond 2024.

In the same event, Marcos reported that the Philippine­s has signed the second protocol to the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA). The protocol, which was signed by the trade department last February, seeks to respond to the “evolving multidimen­sional challenges” in the business environmen­t and complement region-toregion efforts to enhance supply chain resilience, sustainabl­e developmen­t and inclusivit­y.

The protocol contains new chapters on government procuremen­t, trade and sustainabl­e developmen­t and micro, small and medium enterprise­s.

“The protocol will indeed benefit micro, small, and medium enterprise­s inasmuch as it facilitate­s their participat­ion in internatio­nal trade by improving their access to markets and participat­ion in the global value chains, as well as promoting the use of e-commerce,” Marcos said.

“With the momentum from the CEO Forum yesterday, and AANZFTA together with the Regional Comprehens­ive Economic Partnershi­p Agreement, we are confident that we will usher in even more robust economic cooperatio­n within our region and provide a legal framework for a more prosperous future.”

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