UK calls for climate action ahead of UN Climate Change Conference in Glasgow – About Your Online Magazine

Manila, June 10, 2021 – Together with its Philippine climate advocates, the UK
calls for climate action ahead of the United Nations Climate Change Conference (or COP26) in November in
Glasgow, Scotland, during a virtual roundtable recently presented by the British
Embassy Manila marking Philippines Environment Month.

Led by British ambassador Daniel Pruce, the discussion was followed by COP26 local climate
advocates including Vice President Loren Legarda, Bangko Sentral ng Pilipinas (BSP)
Assistant Governor Lyn Javier (representing Governor Benjamin Diokno), Department of
Assistant Secretary of Finance (DOF) Paola Alvarez (representing Secretary Carlos
Dominguez, III), Executive Director of the ASEAN Biodiversity Center, Dr. Theresa Mundita Lim,
Oscar M. Lopez Center Executive Director, Dr. Rodel Lasco, Atty. Jay Layug and Media
personalities – Kim Atienza and Atom Araullo.

Climate advocates shared their views on single-use plastics, youth engagement, climate
risks and governance in the financial system, the role of the business sector in conservation
the rich biodiversity of the Philippines and the political will to demand ambitious climate action
including the abandonment of coal and the use of the country’s renewable energy sources.

His Majesty’s Ambassador Daniel Pruce said:

With the Philippines ranked fourth among countries most affected by extreme weather in
the 2021 global climate risk index, and with the country’s projected loss of 6% of its annual rate
GDP up to 2100 due to climate change, COP26 is indeed an important opportunity to advance
country’s climate action agenda.

He hosted the Philippines’ submission of its Nationally Determined Contribution (NDC),
which will serve as the basis for a long-term strategy towards net zero, and spoke
on the practical ways the UK was supporting the Philippines in the transition to clean energy,
perform adaptation and resilience, deliver nature-based solutions, transition to
sustainable transport and mobilize funding to address the country’s vulnerability and mitigate
the harmful impacts of climate change.

Climate advocates spoke about their own contributions to promoting green policies.

Vice President Loren Legarda said:

The House of Representatives approved at second reading HB 9147 which seeks elimination
and eventually ban single-use plastics for a period of 4 years, with some before 1
year. The bill also forces plastic producers and companies to implement an extension
producer responsibility schemes – proper recovery, transport, cleaning, including
recycling, composting and waste diversion facilities.

DOF assistant secretary Paola Alvarez said:

DOF is mobilizing funding for climate change adaptation and mitigation to establish a
sustainable financial ecosystem and synergy of public and private investments
sectors, which will produce green social projects, resulting in a positive impact on the world
environment and our staff.

BSP Governor Benjamin Diokno said:

BSP and financial institutions play a crucial role in mobilizing funds for the financing of green and green products.
sustainable projects ​​while safeguarding financial stability from shocks and
other factors related to the environment. The BSP issued the Sustainable Finance Framework ​​in
April 2020. Expects banks to incorporate sustainability principles into companies and risks
management systems, business and operations strategies and securities supplements and
Exchange Commission Guidelines for Green, Social or Sustainability Bonds

With just five months to go before the conference in Glasgow, the virtual roundtable
highlighted the value of a society-wide approach to responding to climate challenges
that we all face. The COP26 climate advocates at the British Embassy in Manila are all thoughtful
leaders and experts in their fields who volunteered to raise their voices and position themselves
with the UK government to galvanize action and understanding in the Philippines
towards the most ambitious possible outcome of COP26.

The roundtable welcomed a wide range of media representatives and emphasized the
critical role the media plays in educating and engaging the public on climate issues. O
Embassy, ​​​​through our information sharing sessions, will continue to engage the media
and our COP26 climate advocates to fill in communication materials that will resonate
well, not just with policy makers, but also at the grassroots level.

The virtual event was concluded with optimism that through collective effort and ambition, we can
address the challenges of climate change, at a significant COP26 and beyond.

Paula Fonseca