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Philippines shares disaster risk financing strategies in IMF meet

Combining different risk financing instruments is an important strategy to enable the government to protect the public against the impact of natural disasters, the Department of Budget and Management (DBM) said......»»

Category: financeSource: philstar philstarOct 14th, 2018

DoF mulls catastrophe bonds of WB

THE PHILIPPINES is considering participation in the World Bank’s catastrophe (Cat) bonds to support financing of disaster risk management, the Department of Finance (DoF) said in a statement over the weekend. The post DoF mulls catastrophe bonds of WB appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsOct 15th, 2018

ASEAN insight: A glimpse in the eyes of a youth leader

ASEAN insight: A glimpse in the eyes of a youth leader Vox Bikol Sat, 12/09/2017 - 01:35 PILI, Camarines Sur, Dec.06 (PIA) ---  “It’s unbelievable! The experience seemed so surreal but I was there, flesh and body, and have represented the Philippines as one of the delegates to the #NOWASEAN 2017Conference, promoting among others, the significant role of the youth in understanding climate change and disaster resilience in ASEAN countries.” Emman Cleodoro, Coordinator of El Verde Youth for Climate Action and  Environment, Disaster Management and Emergency Response Office (EDMERO) Environmental Advocacy Officer  of the Provincial government of Camarines Sur was the lone representative of the country and was among the youth leaders from different countries chosen to participate in the conference in commemoration of the celebration of the 50th Anniversary of ASEAN and the Philippines’ National Day for Youth in Climate Action  held at Sofitel Philippine Plaza, Manila last November 23 to 26. “It’s an honor and a privilege to be the representative of the Philippines in the ASEAN conference in Manila. This conference taught me a lot of things, most especially what can the youth do to create a significant impact on the country’s campaign on climate change and disaster risk reduction management. This experience is something that I will treasure for the rest of my life,” Cleodoro humbly stated. At the prime of his youth at 27, Emman as he is fondly called by friends and colleagues had been advocating a cleaner and greener environment for the past 5 years under the helm of EDMERO. He owed his achievements to his mentors and points to EDMERO Chief Lucena “Che” Bermeo and the dynamic and young Camarines Sur Governor Migz Villafuerte as the source of his fervor to passionately pursue his environmental advocacy and share it with the young crowd. One of the highlights of the conference, Emman narrated was the adoption of the Southeast Asian Youth in Climate Action and Disaster Resilience Network (SAYCAN) Framework Agreement. The agreement binds the youth in a commitment to advocate youth empowerment on climate action and disaster resilience by promoting education and capacity building, engaging champions and strengthening partnership with other environmental stakeholders through online and on-ground strategies. ““The NowASEAN Conference is an initiative of the Filipino youth-led climate action undertaking dubbed as #NowPH or Not on our Watch Philippines. One of their outputs is the adoption of the SAYCAN Framework agreement.  It played a significant role in gathering signatures for the adoption of the Paris agreement held in France in 2015,” Emman elaborated. SAYCAN hopes to bring young people towards a common understanding of the ill effects of climate change and what the community can do to alleviate the impact of any catastrophe in their areas.  To do this, education and capacity building, including engaging environmental champions and stakeholders is a must. It is also important to build partnership, establish and strengthen them by the use of various strategies, both online and on-ground thereby engaging more and more stakeholders to take part in the fight to win back greener days and a safer environment for the next generation. “In the years that I have served as Environmental Advocacy Officer, I have seen the prowess and competence of the youth to promote a climate and disaster-resilient way of life and pursue sustainable development.  Meeting other ASEAN youth leaders coming from our neighboring ASEAN countries, only proves that we are all attuned towards this one vision of creating a haven of environment loving people who is as concerned as I am in ensuring that our children’s children will still have a place which they can call “home” in the upcoming years.”  (LSMacatangay, PIAV/Camarines Sur)  .....»»

Category: newsSource:  voxbikolRelated NewsAug 9th, 2018

World Bank offers to assist APEC in disaster risk financing

MANILA, Philippines — The World Bank has offered to assist the Asia-Pacific Economic Cooperation (APEC) in crafting solutions that would ensure the region is.....»»

Category: financeSource:  philstarRelated NewsNov 21st, 2017

PIDS urges review of disaster risk program

MANILA, Philippines - State think tank Philippine Institute of Development Studies (PIDS) is urging a review of the government’s disaster risk financing and.....»»

Category: financeSource:  philstarRelated NewsJun 22nd, 2017

Agricultural damage from Typhoon Rosita hits P1.85 billion

MANILA, Philippines – Typhoon Rosita (Yutu)  resulted in at least P1.85 billion in agricultural damage, said the Department of Agriculture's Disaster Risk Reduction and Management Operations Center (DA-DRRMOC) on Saturday, November 3. Agricultural goods lost to the typhoon was estimated at 98,870 metric tons and covered 93,209 hectares in Northern Luzon. A ........»»

Category: newsSource:  rapplerRelated NewsNov 4th, 2018

3 more bodies recovered from DPWH Bldg in Mountain Province

BAGUIO, Philippines – Three bodies were recovered Thursday, November 1, from the buried Department of Public Works and Highways (DPWH) 2nd District Engineering Office in Sitio Hakrang, Banawel, in the municipality of Natonin, Mountain Province.  The Mountain Province Provincial Disaster Risk Reduction and Management Office (PDRRMO) said the 3 were still ........»»

Category: newsSource:  rapplerRelated NewsNov 1st, 2018

Girl dies in Kalinga landslide

BAGUIO, Philippines – A 5-year-old girl died after being buried by a landslide in Sitio Belalao in Mabilong, Lubuagan, Kalinga, due to heavy rains brought by Typhoon Rosita (Yutu) on Tuesday, October 30. Sotera Galo was declared dead at the Kalinga District Hospital, according to the Lubuagan Municipal Disaster Risk Reduction ........»»

Category: newsSource:  rapplerRelated NewsOct 30th, 2018

FAO, PDRF eyes more disaster-resilient Filipino communities

11 October 2018 – The ever-increasing threats from climate change, evidenced by the increasing severity and frequency of disasters, require concerted efforts to build and strengthen resilience of communities in countries most vulnerable and at-risk from disasters, like the Philippines. In response to this challenge, and to mark the International Day for Disaster Reduction on 13 October, the Food and Agriculture Organization of the United Nations (FAO) and the Philippine Disaster Resilience Foundation (PDRF) have signed today a Memorandum of Understanding that will enable collaborations on emergency response, preparedness, mitigation and building livelihood resilience......»»

Category: newsSource:  kagay_anRelated NewsOct 11th, 2018

NGCP empowers communities thru disaster risk-reduction trainings

The Philippines has seen its fair share of natural calamities in the past years, with typhoons and earthquakes frequently occurring in the Pacific area. The National Grid Corporation of the Philippines (NGCP) has spearheaded disaster risk reduction trainings for its partner communities with intensified efforts to prevent the devastating effects of these calamities to the hard-hit areas across the country......»»

Category: newsSource:  kagay_anRelated NewsSep 24th, 2018

Duterte urged to declare state of calamity in Typhoon Ompong-hit regions

MANILA, Philippines – The National Disaster Risk Reduction and Management Council (NDRRMC) has submitted their proposal to President Rodrigo Duterte for the declaration of a state of calamity in all 4 regions of northern Luzon that were hammered  by  Typhoon Ompong (Mankhut) . National Economic and Development Authority (NEDA) Undersecretary Adoracion Navarro ........»»

Category: newsSource:  rapplerRelated NewsSep 21st, 2018

At least 1.4 million affected by Typhoon Ompong

MANILA, Philippines – At least 1.4 million people have now been affected by Typhoon Ompong (Mangkhut) as of Thursday morning, September 20, according to the National Disaster Risk Reduction and Management Council (NDRRMC). A total of 345,158 families or 1,436,997 people were affected from 4,216 barangays in the Ilocos Region, ........»»

Category: newsSource:  rapplerRelated NewsSep 20th, 2018

Over a million now affected by Typhoon Ompong

MANILA, Philippines – The National Disaster Risk Reduction and Management Council (NDRRMC) said the number of people affected by Typhoon Ompong (Mangkhut)  has risen to more than a million as of Wednesday morning, September 19. A total of 264,304 families or 1,096,799 individuals were affected from 3,780 barangays in the Ilocos ........»»

Category: newsSource:  rapplerRelated NewsSep 19th, 2018

Typhoon Ompong leaves nearly 76,000 homes damaged in Cagayan

CAGAYAN, Philippines – Typhoon Ompong (Mangkhut) left nearly 76,000 houses damaged in Cagayan province, where it first hit land in the wee hours of Saturday, September 15. In a report, the Cagayan Provincial Disaster Risk Reduction and Management Council (PDRRMC) said 10,528 houses were totally damaged, while 65,408 houses were partially damaged. The ........»»

Category: newsSource:  rapplerRelated NewsSep 19th, 2018

Agricultural losses from Typhoon Ompong hit P14 billion

MANILA, Philippines – Damage to agriculture from Typhoon Ompong (Mangkhut) ballooned to an estimated P14.3 billion on Tuesday, September 18, according to the National Disaster Risk Reduction and Management Council (NDRRMC). The initial cost of damage is nearly double what Agriculture Secretary Emmanuel Piñol estimated would be "worst-case scenario" losses ........»»

Category: newsSource:  rapplerRelated NewsSep 18th, 2018

66 dead, 66 missing in Cordilleras after Typhoon Ompong – CRDRRMC

MANILA, Philippines – The Cordillera Regional Disaster Risk Reduction and Management Council (CRDRRMC) reported Tuesday, evening, September 10, that there were 66 dead and 66 missing as a result of Typhoon Ompong (Mangkhut). The CRDRRMC, in its 10 pm update, listed the following numbers for the dead and missing in ........»»

Category: newsSource:  rapplerRelated NewsSep 18th, 2018

Typhoon Ompong affects over 800,000

MANILA, Philippines – Over 800,000 people have been affected by Typhoon Ompong (Mangkhut) as of Tuesday, September 18, according to the National Disaster Risk Reduction and Management Council (NDRRMC). A total of 218,492 families or 893,944 individuals were affected from 3,237 barangays in the Ilocos Region, Cagayan Valley, Central Luzon, ........»»

Category: newsSource:  rapplerRelated NewsSep 18th, 2018

Minimal damage from Ompong in W. Visayas

THE Regional Disaster Risk Reduction and Management Council (RDRRMC) reported minimal destruction when Typhoon “Ompong” (international name Mangkhut) hit the Philippines. Ma. Aletha Nogra, chief of Office of Civil Defense (OCD)-6 Disaster Risk Reduction Management, explained that heavy rains over the weekend were due to monsoon enhanced by Typhoon Ompong. Unlike in the Luzon area, […] The post Minimal damage from Ompong in W. Visayas appeared first on The Daily Guardian......»»

Category: newsSource:  thedailyguardianRelated NewsSep 17th, 2018

Typhoon Ompong leaves at least P2.8 billion in agricultural damage

MANILA, Philippines – Office of Civil Defense Spokesperson Edgar Posadas said the damage to agriculture from Typhoon Ompong (Mangkhut) has reached an estimated P2.8 billion in the Cordillera Administrative Region (CAR) as of Monday, September 17. But the cost is likely to increase, he said, as the National Disaster Risk ........»»

Category: newsSource:  rapplerRelated NewsSep 17th, 2018

Over 500,000 affected by Typhoon Ompong

  MANILA, Philippines – The National Disaster Risk Reduction and Management Council said the number of people affected by Typhoon Ompong (Mangkhut) has risen to more than half a million as of Monday morning, September 17. A total of 147,540 families or 591,762 individuals were affected from the Ilocos Region, Cagayan ........»»

Category: newsSource:  rapplerRelated NewsSep 17th, 2018

NDRRMC sorry for saying 2 Ompong responders died in landslide

MANILA, Philippines – The executive director of the National Disaster Risk Reduction and Management Council (NDRRMC) apologized after initially reporting that two responders died in a landslide caused by Typhoon Ompong (Mangkhut). In a statement on Saturday, September 15, the NDRRMC said the deaths initially reported during a ........»»

Category: newsSource:  rapplerRelated NewsSep 16th, 2018