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Climate Finance At A Glance


The Philippines, as a highly vulnerable developing country, has been disproportionately affected by the adverse impacts of climate change, suffering significant losses from successive disasters. Urgent and concerted action is required to address global warming, as failure to do so will result in continued burdens on countries like the Philippines. Climate finance emerges as a crucial tool in assisting the country to adapt to climate change, mitigate further loss and damage, and facilitate the transition towards a green and resilient economy. This study aims to examine the scope, scale, and expediency of climate finance, offering recommendations to the government on how to secure and effectively utilize its fair share of climate finance. By leveraging climate finance effectively, the Philippines can strengthen its climate resilience and pursue sustainable development objectives.


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Jun 22, 2023