Philippines qualified to host climate disaster fund board, DENR’s Loyzaga says

COP28

Environment Secretary Maria Antonia Yulo-Loyzaga said that the Philippines is “most qualified” to host the board of the climate disaster fund called “Loss and Damage Fund” because it is a living testament to the effects of climate change.

According to the Presidential Communications Office (PCO), Loyzaga made the remark during the 28th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) in Dubai wherein the Philippines is seeking to host the Board of Loss and Damage Fund, as well as have a seat in the inaugural Board of the Fund.

The chief of the Philippine Department of Environment and Natural Resources (DENR) said that the country aims to advance the valu