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NewsTranscript
00:00 Six local governments have given funds to address the effects of climate change.
00:05 But aside from that, the President will also clarify the issue of the rich countries' help to the countries affected by climate change, like the Philippines.
00:16 Van Myrina has learned.
00:19 The Philippines is already facing a severe effect of climate change.
00:27 Despite the apparent danger of a heavy rain, which is also causing a severe flood.
00:34 That's why on Friday, President Bongbong Marcos attended the Conference of Parties United Nations Framework Convention on Climate Change or COP28.
00:45 One of the items he wanted to clarify was the loss and damage fund.
00:49 Under this, the fund will help the rich countries affected by the heavy rain caused by greenhouse gas emissions caused by climate change.
00:57 Here in the fund, the government will get money from the countries like the Philippines, which is a small contribution to climate change, but is already suffering from the bad effects of climate change.
01:06 We must also take the lead when it comes to the global move and the global aspiration that those most vulnerable communities around the world will somehow be assisted by the developing countries when it comes to these measures to mitigate and to adapt to climate change.
01:31 That was the message of the President earlier when he asked for the People's Survival Fund to be distributed to the six local governments.
01:36 This is a fund for projects that can help them to address the calamities caused by climate change.
01:42 140 world leaders are expected to attend COP28 in Dubai.
01:47 This is an important opportunity to discuss actions to address the growing problem of climate change.
01:53 The President will also have one-on-one meetings with other world leaders.
01:57 He will also play a role in the Philippine community's support.
02:01 For GMA Integrated News, Ivan Mayrina, Katutok, 24 Hours.
02:07 [music]