Better environment for growth

“Building inclusive economies, building a better world” is the theme of this year’s summit of the Asia-Pacific Economic Cooperation forum. Achieving those APEC goals inevitably includes dealing with the impact of climate change.

Through tragic experience, the Philippines keenly understands the direct link between the environment and economic growth. In recent years, the country has been pummeled by exceptionally powerful typhoons and storm surges that have flattened farms and ruined livelihoods, destroyed infrastructure and claimed thousands of lives. Natural disasters have swollen the ranks of the impoverished, the hungry and unemployed.

With 7,100 islands, the Philippines is one of the countries most threatened by global warming. Even a single- degree increase in global temperature can raise sea levels and pose risks to coastal communities. Traditional fishing grounds are also affected, threatening livelihoods.

Each country has a stake in seeing global initiatives implemented to reduce carbon emissions. This is best achieved through a multifaceted approach that includes promoting green energy and environmentfriendly technology, developing livable cities, and providing clean and efficient mass transportation.

In the Philippines, these look like ambitious goals, considering the state of Metro Manila and other major urban centers around the country. Nations, however, have no choice but to confront the problems arising from climate change. Environmental threats affect not just economic growth but also public health. Climate change has become a major hindrance to global efforts to reduce poverty.

As this year’s host of the APEC summit, the Philippines can take the lead in committing to implement significant measures to reduce global warming. With the country one of the most vulnerable to climate change, the commitments must not be made lightly.

The nation has just commemorated the second anniversary of a super typhoon that ravaged Eastern Visayas, killing thousands. What used to be considered extreme weather has become the new normal. If APEC economies want to sustain growth in what is considered the world’s most dynamic region, protecting the environment is an indispensable element.