PR Newswire
02 Dec 2022, 14:05 GMT+10
![]() |
PASAY CITY, Philippines, Dec. 2, 2022 /PRNewswire/ -- WWF-Philippines is enjoining the private sector to work towards convening a Philippine Alliance for Climate Action in the culmination of the UNITED FOR CLIMATE: Sustainability Forum held at the Conrad Manila on November 28, 2022. The forum, hosted by SM Investments Corporation, gathered business owners, partner suppliers, policy makers, and civil society organizations in a multi-sectoral dialogue on climate action.
"Through a Philippine Alliance for Climate Action, companies can work together to create a shared vision and synchronized action plan. We hope this can be a way for the private sector -as the engine of our economy - to accelerate efforts for the single goal of keeping global warming to 1.5C," WWF-Philippines Executive Director, Katherine 'Trin' Custodio said.
"We hope that this forum will launch sector-wide discussions on innovative climate strategies across Philippine industries. The next steps will be to agree on a way forward and a timeline, and how all can progress towards a unified, private sector-led climate action plan that is context-specific, adaptive, and truly Filipino," said Hans Sy, Jr. of the SM Group who was also one of the forum's keynote speakers.
"Together with WWF, we invite you to carry on with the discussions from COP 27 - this time, bringing them closer to home. We urge that we look at our climate agenda through the lens of the Philippines' agenda and the realities that Filipino businesses and local communities face every day," SM Investments President and Chief Executive Officer Frederic C. DyBuncio said in his opening remarks during the forum.
The forum kicked off the joint efforts to fight climate change through "fireside chats" that formed the foundation of a practical climate action plan.
Keynote speakers Sec. Antonia "Toni" Yulo-Loyzaga of the Department of Environment and National Resources (DENR), Maria Isabel Garcia, Chairperson of WWF Philippines, provided the context for ambitious action which are the global double emergency of biodiversity loss and climate change, and the delivering the country's climate commitments.
According to the Intergovernmental Panel on Climate Change (IPCC), global emissions need to be reduced by 50 percent by 2030 to avoid significant climate-related catastrophes. The Philippines is one of the signatories of the historic Paris Agreement on Climate Change and has committed to reduce the country's carbon emissions by 75% by 2030.
Get a daily dose of Asia Bulletin news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Asia Bulletin.
More InformationENNIS, Texas: A man died, and three of his family members were injured when their RV flipped several times during a strong storm at...
One halcyon spring day in 1903, the 69-year-old anatomist and naturalist Dr. James Bell Pettigrew sat at the top of a sloping street...
WEST PALM BEACH, Florida: Air Force fighter jets have stopped a civilian plane that entered restricted airspace near Donald Trump's...
CHICAGO/WASHINGTON, D.C.: Farmers and food groups across the U.S. are laying off workers, stopping investments, and struggling to get...
SIOUX FALLS, South Dakota: A new South Dakota law banning the use of eminent domain for carbon capture pipelines has cast doubt on...
WASHINGTON, D.C.: Officials working on diversity and inclusion programs at the U.S. Office of the Director of National Intelligence...
The principal terminal, Terminal 1, at Israel's largest airport will reopen at the end of this month, having largely been closed since...
NEW YORK, New York - The knee-jerk introduction of trade tariffs by President Donald Trump continues to rattle markets with all the...
FRANKFURT, Germany: Ford announced this week that it will inject up to $4.8 billion into its struggling German unit to stabilize its...
SEATTLE, Washington: Boeing has revamped its employee incentive plan, tying annual bonuses for more than 100,000 workers to overall...
WINNIPEG, Manitoba: Farmers in the U.S. and Canada are bracing for soaring fertilizer prices as trade tensions escalate between the...
NEW YORK, New York - A slightly lower-than-expected CPI reading for February helped U.S. stocks to stabilize after some relentless...