The climate talks at the International Maritime Organization saw more countries supporting the move to decarbonize shipping by 2050, but the meeting failed to adopt a concrete target to eliminate pollution from the maritime industry.
The Philippine government is being urged to encourage green lending and investments to make funds available to fight climate change, the Asian Development Bank said.
Climate change was the “overarching” concern among world leaders at the recently concluded Asia-Pacific Economic Cooperation Summit in Bangkok, Thailand, President Marcos said upon his return to the Philippines late Saturday night.
According to an analysis from Greenpeace East Asia, a total of 1.54 million people living in the City of Manila and 37.29 square kilometers land area could potentially be affected by extreme sea level rise and coastal flooding in 2030 if greenhouse gas emissions continue to increase at the current rate.
The world has a puzzle to solve, a jigsaw with a spectacular number of pieces to place. If it can succeed it will win a priceless prize: it will achieve the goal of the Paris Agreement, to limit global warming to under 2C.