Philippine civil society groups recognize the critical role that the Fund for Responding to Loss and Damage (FRLD) would play in helping the most vulnerable avert, minimize, and/or address Loss and Damage (L&D), especially in a country as high-risk to the climate crisis as the Philippines. The decision to select the Philippines as the host of its Board is also welcomed, opening the possibility for stronger collaborations between the overarching non-government sector, the Philippine government, and the Board itself in responding to issues within the L&D landscape.
The imperative of addressing L&D grows larger with each passing year that greenhouse gas emissions are not curbed enough to slow down global warming and give developing countries like the Philippines enough time to adapt, which leads to more L&D incurred. This is why it is vital to initiate the rapid, effective, and just operationalization of the FRLD to prevent stakeholders from experiencing the costly and irreversible consequences of the climate crisis.
This paper, “Peoples-centric, accelerated, and impactful financing and actions against loss and damage“, undersigned by 14 Philippine non-government organizations and networks working with the most vulnerable communities, presents concrete recommendations on how to make the FRLD more peoples-centric, inclusive, and impactful in its operations, aligned with the fulfillment of its mandate. This is aligned with the “bottom-up” and needs-based approach of which the FRLD is intended to utilize in its operations.
