French agency pledges funding for PH action vs. climate change

• Published date: 28 October 2022
• Publication title: Philippines News agency

The Agence française de développement (French Development Agency) has committed 482 million euros in support of the Philippines' actions against climate change.

Senate President Pro-Tempore Loren Legarda announced the development on Friday, an addition to the 250 million euros granted to the Philippines last year for disaster risk reduction, preparedness, and response at the local level.

'We are grateful for your continued support for the Philippines and other developing nations and we hope that France will be on the side of developing nations so that the issues of loss and damage, which is important to vulnerable nations, could also be defended or even discussed,' Legarda said in a news release.

'I'm glad that France does not stop in helping in giving technological, technical, and capacity-building, and even financial assistance in so far as biodiversity conservation, sustainable development, and climate action,' she added.

Legarda previously stated the importance of the Paris Agreement, a legally binding international treaty on climate change adopted by 196 parties at the Conference of the Parties 21 in Paris on Dec. 12, 2015 and entered into force on Nov. 4, 2016.

Senate President Juan Miguel Zubiri and Legarda led the Philippine delegation that met with French legislators in Paris on Tuesday.

'One of the many advocacies and issues that bond France and the Philippines is the Paris Agreement. Being number one in the World Risk Index, as the...