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Government pushes P839 billion water infrastructure projects
“Many of our communities still suffer from a lack of potable water while others endure the devastating effects of flooding year after year due to climate change.”.....»»
Philippines secures P3.6 billion financing for green economy program
The Philippines has secured P3.6 billion from the European Union to boost the country’s sustainability efforts for a green economy amid worsening impacts of climate change......»»
EU, Phl eyes creating digital gateway pack
The European Union or EU and the Philippines are crafting a digital development program, set for launch next year to help the boost Internet speed and reach, strengthen cybersecurity, and integrate more women into the digital economy. On Thursday, the Department of Finance said the two partners, along with other countries, are creating the Digital Connectivity Global Gateway Package. “The package has key elements on capacity building, regulatory or policy support, cybersecurity, and enhanced cable connectivity,” a DoF statement said. “The package, which is being considered for launch next year, will also help address the digital gender gap in the country by empowering women in the digital economy,” the DoF added. Connectivity partnership This global partnership on digital connectivity was recently sealed during the first Global Gateway Forum hosted by European Commission President Ursula von der Leyen from 25 to 25 October in Brussels, Belgium. There were 40 government leaders who attended the forum, with Finance Secretary Benjamin Diokno representing the Philippines. Global Gateway is the EU’s largest global investment program, with funding of up to 300 billion euros to be used by partner countries from 2021 to 2027 to improve their digital, energy, and transportation infrastructure, along with health and education systems. During the forum, the EU and the Philippines signed a 60 million euros financing agreement to help the latter realize projects for climate change mitigation and digital transformation. Under its digital program, the European Commission already committed in 2021 to provide all highly populated areas of the EU’s 27 member-states with faster Internet through 5G by 2030. Less than one-third of these areas benefited from that Internet technology two years ago. Expanding use of AI The commission also aims to expand the population of the EU’s small businesses using artificial intelligence and cloud from less than half to 75 percent, and those with basic technology skills from 75 percent to 100 percent over a decade. The Department of Information and Communications Technology, or DICT, on the other hand, is developing 500 to 1,000 digitalization programs. Information and Communications Technology Secretary Mon Gutierrez said the government is doubling its efforts to realize over 10 percent of its total number of digitalization programs through public-private partnerships. Also conducted by the DICT are digital literacy campaigns for government agencies, private firms and the public to spur technological innovations and better digital policies. The post EU, Phl eyes creating digital gateway pack appeared first on Daily Tribune......»»
Ginggay Hontiveros-Malvar: Scaling the realms of social responsibility
There is something quite riveting about Ana Margarita “Ginggay” Hontiveros-Malvar. Her gaze direct, her rhetoric fluid, she shares stories of immersing in conflict areas, of being in Leyte post-“Yolanda” and in Marawi post-violence, and within the same conversation, of her corporate hat within the “power, banking, food, land and infrastructure sectors.” Not so much as a vein mars her refined features. If not for those eyes, which reveal a depth of thought and feeling, hers would likely be a face some might take as just another classic beauty. Then again, her relationship with similarly strong-minded women cannot be discounted. She says, from the get-go, that she would rather not talk about herself or her sisters (Risa, the senator, and Pia, the broadcast news personality). Unlike them, she took the private route, but now unwittingly finds herself in the limelight. The Aboitiz Group, for which she handles a vital role, has many exciting things to share, Ginggay says. Smiling, she proceeds to rattle off some of these pillars — in education (“to create future leaders” who are solutions-oriented), in climate action and in enterprise and jobs. “For over 35 years, we’ve delivered probably over 5,000 CSR (corporate social responsibility) projects, spread over all the business units all over the Philippines. We’ve partnered with something like 600,000 individuals and organizations and we’ve invested the amount of P5.1 billion in all these different programs. We’re trying now to reevaluate what it is that’s next for Aboitiz Foundation, and then how we can serve our stakeholders better, and what are some of the things that we want to scale. Maybe to create a bigger impact in the country, help the country more, I think is what we want to do.” In the pipeline toward this goal of creating a bigger impact on development, Aboitiz Foundation is seeking more collaboration — “more conversations between organizations that are doing a lot of work already here in the country, and probably having a stronger voice and then putting that voice out there,” she enthuses. Clearly, Ginggay is in her element in the world she inhabits — at the heart of an “old legacy conglomerate,” her words, that now sees the need to transform along with the climactic times. “I lead a department called Reputation Management. We cover brands, media, corporate communications, sustainability — the ESG (environmental, social and governance) journey for the Aboitiz Group. We provide strategy, direction, governance and then very recently, just this year, we have our CSR arm which is called Aboitiz Foundation. It was recently also placed under us. Because at the end of the day, Aboitiz Foundation is like the big ‘S’ in our ESG — it’s really all about the social impact, the social good that we want to continue,” Ginggay tells the DAILY TRIBUNE in an interview on Pairfect. Ginggay is currently vice president for Reputation Management and Sustainability at Aboitiz Equity Ventures Inc., a holding company of the Aboitiz Group. For the Aboitiz Foundation, meanwhile, she works to help “scale its impactful programs for systemic change.” The mother of two is also communications lead for the Philippines’ Private Sector Advisory Council and team leader for APEC Business Advisory Council, which are areas where the visionary leader, Aboitiz Group chief executive officer Sabin Aboitiz, holds key roles. Grateful her children are adults now, Ginggay keeps her nurturing side on overdrive with her current responsibilities. “Aboitiz is a group,” she emphasizes. “And as a family of organizations, our priority has always been about people. That’s always been our passion, whether it’s the well-being of our own employees or the well-being of communities where we have our businesses. It’s really always been about people. “We don’t feel it’s right that a business does well and then the community that it’s in doesn’t. It cannot be like that — it has to go hand in hand. So, we’ve always been like that. Very people-centric. I think what we’re trying to change now in our transformation or evolution is to see how can we use more of technology and innovation and balance it with our people-centric approach. So maybe we can be a little bit faster, be better, be more data-driven in the kinds of things that we’re doing,” she says. And has her heart always been in this kind of work — one she freely admits is demanding and sometimes even emotion-driven? “My dad was pretty laidback. And he usually let us do what we want to do as long as you know, like, please do well in school, and things like that,” Ginggay recalls. “My mom was very attentive to us and she just wanted to make sure that aside from doing well in studies, you also had to do well in something else. And then, very ingrained, I think, in our DNA, I think as a family also, is that aspect of service, whether it’s public service, or you know, just service in general — whether it’s to your community or to your family, or your immediate set of, I suppose, stakeholders. So, it’s almost been like part of my DNA or something like that, or probably my character as well.” With so much on her plate, and a daily grind that consists of steering various teams to ensure the conglomerate is moving toward its goals smoothly, Ginggay makes sure she takes time — even just 30 minutes a day, she says — disconnecting from it all and connecting with herself. “Our days are very fast — they are jam-packed with schedules, meetings, a lot of stakeholder engagement activities,” she says. “There’s a lot of collaboration also that goes on between our team and the rest of the business units in the Aboitiz Group, and then a lot of meetings as well with the board just to check in on directions and things like that. It’s very fast-paced. It’s very demanding. It takes a lot of time and I think a lot of commitment… and this is what I see from all our team leaders and team members — people are really passionate about what they do. I think that’s important.” For Ginggay, certainly, such passion is necessary to lead the company toward its goals including “delivering on communications and brand that are integral to the transformation of the group into the Philippines’ first techglomerate.” Techglomerate, she explains, “is a dream in Aboitiz Group, something that we have really been working hard on for the past few years. We kind of coined the term from ‘technology’ and ‘conglomerate,’ putting it together — and it is really about trying to be more technologically advanced but we also want to incubate exciting businesses which are more in the techspace or, say, data science. To incubate all these new companies and hopefully lead in certain industries… and I think at the end of the day we realized we have a much greater responsibility to the country.” And what’s next? “We realized that to stay ahead, we also need to transform… and I suppose that transformation should happen first and foremost at the level of the person. We’re also really focused on building a new kind of culture for the Aboitiz Group, still very much rooted in our core values of responsibility, innovation, teamwork, integrity. But now, probably trying to imbibe more of the behaviors like being more entrepreneurial, trying to be more articulate, being better storytellers, being more open to new things, being more data-driven in our decisions, you know, and a lot of other things that we’re trying to do in terms of helping to develop this new culture.” In her capacity as first vice president at Aboitiz, as well as in her other roles — senior adviser for Agripreneurship at Go Negosyo, for example — Ginggay keeps her “eye on the prize” no matter what challenges come along. This “multi-disciplined, results-oriented and multi-awarded leader,” as she is described in the Women of the Future, may prefer to keep herself below the radar, but Ginggay Hontiveros-Malvar will certainly not stay unnoticed. The post Ginggay Hontiveros-Malvar: Scaling the realms of social responsibility appeared first on Daily Tribune......»»
Five things to know about Pope Francis’ Synod
Pope Francis opened the Synod of Bishops' general assembly in Rome on Wednesday, which in a historic first gives women a vote, after a vast global consultation on the future Catholic Church. Here are five things to know about the event: Input from faithful Since 2021, the world's 1.3 billion Catholics have been invited to express their views on the Catholic Church and its challenges to help guide the institution through the 21st century. The "Synod on Synodality" was launched by Francis, 86, as a way to make the Church more inclusive and transparent as it sought input from the faithful around the world. Insights from local dioceses were submitted to episcopal conferences, all contributing to a 50-page working document called the "Instrumentum Laboris" that will be used during the discussions that will take place over the next four weeks. A second session of the assembly is scheduled for October 2024, after which a final document will be given to the pope. He will then decide whether or not to incorporate its findings into a papal document known as an apostolic exhortation. "It's an important forum for reflection for the Church, on its way of being, of moving forward," Italian priest Giacomo Costa, the special secretary of this assembly, told AFP. 21st-century issues The current Synod is the first time the Vatican has waded into so many of today's contentious social issues so openly. The topics to be addressed include the place of LGBT+ people within the Church, whether women should be ordained deacons, and whether married men can serve as priests in regions with insufficient clergy, among others. While there has been consensus on some issues, "there are other issues on which we disagree in substance," said Costa. Contributing to discussions will be theologians, experts, and sociologists, he said. Women and laypeople The Synod is a consultative institution created by Pope Paul VI in 1965 that meets regularly through assemblies. Francis presided over three previous Synods: those of the Family in 2014-2015, Youth in 2018, and Amazonia 2019 -- where he rejected a proposal to open up the priesthood to married men in remote areas of the Amazon. The current Synod marks a major break from the past, however, with Francis' decision to allow women and lay people to vote. "It's a total change from Paul VI: this time, the people of God are being summoned, not representatives," a Vatican observer told AFP. The source said the laymen and women in the assembly will be trying to push past the "ecclesiastic culture" pervading the event. "They won't be satisfied with good words, there will be a demand for procedure, the will to change, efficiency," said the source. Busy calendar For four weeks, the 464 participants, including 365 voting members, will meet every day, divided into 35 working groups divided into five languages (English, Italian, Spanish, French, and Portuguese). Among them are 54 women. The Synod will open and close with a mass presided over by Francis in St. Peter's Basilica and will be marked by periods of prayer. Francis said last month that discussions during the assembly will be behind closed doors to "safeguard" the synodal climate. Dissent Although Francis has warned that there is "no room for ideology in the Synod", there are likely to be differences. Vatican observers will be closely watching the conservative wing of the Church, which is hostile to the Argentine pope. Its members, which include Germany's Cardinal Gerhard Mueller and US Cardinal Raymond Burke, maintain that Francis risks creating confusion and division in the Church, given the Synod's reflections on possible doctrinal changes on thorny issues such as gay rights or celibacy. The post Five things to know about Pope Francis’ Synod appeared first on Daily Tribune......»»
World Bank chief vows to tackle ‘dysfunctionality’ at development lender
World Bank President Ajay Banga said Tuesday that he is working to reform "dysfunctionality" in the boardroom of the development lender, and pledged to refocus its mission to better address the challenges posed by climate change. The former Mastercard chief executive told the Council on Foreign Relations in New York that the bank should alter its current twin mandate of poverty alleviation and boosting shared prosperity to include climate change. "I think the twin goals have to change to being elimination of poverty, but on a livable planet, because of the intertwined nature of our crises," he said. He added that he was working to redefine the World Bank's business around what he called five key knowledge "verticals": people, prosperity, planet, infrastructure, and digital. Fixing the plumbing Banga, an Indian-born naturalized US citizen, was nominated to lead the World Bank earlier this year by President Joe Biden and began his new role in June. The bank has historically been led by an American, while the International Monetary Fund (IMF) has been run by a European -- a controversial arrangement that has existed since the two institutions were founded in the aftermath of the Second World War. Banga has already made a number of changes to the bank's management since taking over, setting up a new 15-person private sector advisory board, and pledging deeper cooperation with regional development banks to tackle shared challenges. On Tuesday, Banga vowed to "fix the plumbing" at the bank, which he said suffered from "dysfunctionality" in the boardroom. The World Bank's board is made up of 25 executive directors appointed by its 189 member countries, who must balance the interests of the development lender with those of the states they represent. "I want people to say when I’m gone that I left the bank working much better than when I got it, because then my successor will not have to deal with what I’m dealing with," he said. Climate change Proposals to reform the World Bank's balance sheet from countries including the US and Saudi Arabia could add as much as $125 billion in extra lending capacity if they come to pass, Banga told the audience in New York. This would be a significant increase for the development lender, which mobilized just over $100 billion in financing last year. Banga has previously called on the World Bank to collaborate more closely with the private sector to meet the enormous costs associated with climate change mitigation and adaptation. On Tuesday, Banga said the bank should carefully target where it wants to encourage private investment to help cap carbon emissions in order to have the biggest impact. "We need to focus on 10 countries where the growth of emissions will be so high if we don't change to renewables that all the work we do in the developed world to reduce the use of emission-heavy energy will be lost," he said, without naming them. These middle-income countries are states "where there is some hope for the private sector, both in terms of scalable models and the like, that renewable energy could make money," he added. In order to invite the private sector to participate, the World Bank should offer to manage some of the political risks associated with climate-related investments in these countries, along with the risk of currency fluctuations, Banga said. The World Bank group already has a political risk agency, but the foreign exchange risk is an issue that still needs to be resolved, he told the audience in New York. "That's the way to involve the private sector," he added. The post World Bank chief vows to tackle ‘dysfunctionality’ at development lender appeared first on Daily Tribune......»»
World Bank chief pledges to reform ‘dysfunctional’ development lender
World Bank President Ajay Banga said Tuesday that he is working to reform the "dysfunctional" development lender, and pledged to refocus its mission to better address the challenges posed by climate change. The former Mastercard chief executive told the Council on Foreign Relations in New York that the bank should alter its current twin mandate of poverty alleviation and boosting shared prosperity to include climate change. "I think the twin goals have to change to being elimination of poverty, but on a livable planet, because of the intertwined nature of our crises," he said. He added that he was working to redefine the World Bank's business around what he called five key "verticals": people, prosperity, planet, infrastructure and digital. Fixing the plumbing Banga, an Indian-born naturalized US citizen, was nominated to lead the World Bank earlier this year by President Joe Biden, and began his new role in June. The bank has historically been led by an American, while the IMF has been run by a European -- a controversial arrangement that has existed since the two institutions were founded in the aftermath of the second World War. Banga has already made a number of changes to the bank's management since taking over, setting up a new 15-person private sector advisory board, and pledging deeper cooperation with regional development banks to tackle shared challenges. On Tuesday, Banga vowed to "fix the plumbing" at the bank, which he called a "dysfunctional" institution. "I want people to say when I’m gone that I left the bank working much better than when I got it, because then my successor will not have to deal with what I’m dealing with," he said. Climate change Proposals to reform the World Bank's balance sheet from countries including the US and Saudi Arabia could add as much as $125 billion in extra lending capacity if they come to pass, Banga told the audience in New York. This would be a significant increase for the development lender, which mobilized just over $100 billion in financing last year. Banga has previously called on the World Bank to collaborate more closely with the private sector to meet the enormous costs associated with climate change mitigation and adaptation. On Tuesday, Banga said the bank should carefully target where it wants to encourage private investment to help cap carbon emissions in order to have the biggest impact. "We need to focus on 10 countries where the growth of emissions will be so high if we don't change to renewables that all the work we do in the developed world to reduce the use of emission-heavy energy will be lost," he said, without naming them. These middle-income countries are states "where there is some hope for the private sector, both in terms of scalable models and the like, that renewable energy could make money," he added. In order to invite the private sector to participate, the World Bank should offer to manage some of the political risks associated with climate-related investments in these countries, along with the risk of currency fluctuations, Banga said. The World Bank group already has a political risk agency, but the foreign exchange risk is an issue that still needs to be resolved, he told the audience in New York. "That's the way to involve the private sector," he added. The post World Bank chief pledges to reform ‘dysfunctional’ development lender appeared first on Daily Tribune......»»
Phl water officials look at Danish innovations
The Philippines is looking to international partnerships and increased investments to boost its water security in the face of climate change and rapid urbanization. Key public and private sector representatives from the local water utilities, including Manila Water and Maynilad, as well as the Metropolitan Waterworks and Sewerage System, visited Denmark to be updated on the latest Danish innovations on the management and efficient use of water. The delegates met with officials of Danish water companies and key water facilities in Copenhagen and Aarhus. They also visited two Danish water giants, Kamstrup and AVK, which showed off their smart water solutions that can monitor leaks and reduce non-revenue water. The Philippines is seeking to achieve universal access to water by 2030. According to the Philippine Water Supply and Sanitation Master Plan, the total investment required to reach this goal is $19.45 billion. MWSS Administrator Leonor C. Cleofas said the water delegation to Denmark was relevant to the local water industry, noting that two of the companies the delegates met with are already working with and helping MWSS on its water infrastructure projects. The post Phl water officials look at Danish innovations appeared first on Daily Tribune......»»
Jungkook, Anitta draw fans to Central Park aid fest despite rain
Thousands of people gathered in a swampy Central Park for a concert urging global development aid, with Jungkook of BTS fame and Brazil's Anitta highlighting the marathon show's first half. Jungkook had the poncho-clad crowd screaming and swaying along as he serenaded them with hits including "Still With You" during the Global Citizen Festival marked by a chilly, persistent rain. Wearing acid-wash jeans and a brown shirt, the megastar told fans it was necessary to "make an impact together to make sure everyone, everywhere has access to their basic rights like food and education." He wasn't billed as a headliner but Jungkook was a major draw of the night: many drenched concertgoers streamed out of the park just after his set ended, even though the evening was set to continue for another three hours. Earlier in the evening Anitta brought her impressive twerks and dance party of a show to the stage, performing hits including her recent "Funk Rave." Brazil's biggest pop star called attention to the importance of protecting the Amazon rainforest, reminding fans it's "the lungs of our planet." She also said just prior to kicking off her booty-shaking set that governments must do more to "protect the people there, the indigenous people, the communities there... whose only reality is the Amazon." And rappers including Busta Rhymes and Common put on a 50th anniversary of hip hop tribute, one of many that has been put on across the city in recent months. Still to come are headliners Lauryn Hill and the Red Hot Chili Peppers. Fight against hunger Taking place since 2012 as world leaders gather in New York for the UN General Assembly, Global Citizen distributes tickets for free to supporters who pledge to take action such as sending letters to their governments in support of development aid. Pledges came from leaders including French President Emmanuel Macron, who announced via video message a $150 million commitment to the International Fund for Agricultural Development. "We have to fight together against poverty, climate change, and for biodiversity," Macron said. "This is why we want to take our part as well." The Rome-headquartered IFAD is an arm of the United Nations aimed at addressing poverty and hunger in rural areas of developing countries. Global Citizen welcomed Macron's commitment in a statement, adding that "much more needs to be done to provide crucial support to millions of smallholder farmers around the world, who produce 70 percent of food in low and middle-income countries." The institution urged governments to double their climate adaptation funding and make sure IFAD reaches its funding target of $2 billion by the end of 2023. Along with Macron, they said Norway had pledged $90 million to IFAD. The post Jungkook, Anitta draw fans to Central Park aid fest despite rain appeared first on Daily Tribune......»»
Lauryn Hill, Red Hot Chili Peppers draw fans to rainy Central Park aid fest
Lauryn Hill, the Red Hot Chili Peppers, and Jungkook drew tens of thousands of fans to Central Park despite torrential rains, as part of a marathon concert urging global development aid. Majestic rap icon Lauryn Hill graced the stage as her seminal album "The Miseducation of Lauryn Hill" turns 25, performing her smash single "Doo Wop (That Thing)" and reuniting The Fugees during the Global Citizen festival in New York. The legendary hip-hop trio performed tracks including "Killing Me Softly" and "Ready Or Not." "Africa needs to control their own natural resources. Haiti needs to control their own natural resources. The world, we need to stop famine," said member Wyclef Jean to cheers, as fans waved their lit phones. The message was in line with the aims of the day, which marries musical performance with calls to increase funding against global ills including poverty and climate change. The Red Hot Chili Peppers closed out the night with a set throwing back to their classics including "Can't Stop," "Scar Tissue," "Dani California," "Snow (Hey Oh)" and "Californication." And Jungkook had the poncho-clad crowd screaming and swaying along as he serenaded them with hits including "Still With You." Wearing acid-wash jeans and a brown shirt, the megastar told fans it was necessary to "make an impact together to make sure everyone, everywhere has access to their basic rights like food and education." He wasn't billed as a headliner but Jungkook was a major draw of the night: many drenched concertgoers streamed out of the park just after his set ended, even though the evening at that point was scheduled to continue for another three hours. Earlier Anitta brought her impressive twerks and dance party of a show to the stage, performing hits including her recent "Funk Rave." Brazil's biggest pop star called attention to the importance of protecting the Amazon rainforest, reminding fans it's "the lungs of our planet." Just prior to kicking off her booty-shaking set, she said that governments must do more to "protect the people there, the indigenous people, the communities there... whose only reality is the Amazon." Rappers including Busta Rhymes and Common put on a tribute to the 50th anniversary of hip-hop, one of many the city has hosted in recent months. Fight against hunger Taking place since 2012 as world leaders gather in New York for the UN General Assembly, Global Citizen distributes free tickets to supporters who pledge to take action such as sending letters to their governments in support of development aid. Pledges came from leaders including French President Emmanuel Macron, who announced via video message a $150 million commitment to the International Fund for Agricultural Development (IFAD). "We have to fight together against poverty, climate change, and for biodiversity," Macron said. "This is why we want to take our part as well." The Rome-headquartered IFAD is an arm of the United Nations aimed at addressing poverty and hunger in rural areas of developing countries. Global Citizen welcomed Macron's commitment in a statement, adding that "much more needs to be done to provide crucial support to millions of smallholder farmers around the world, who produce 70 percent of food in low and middle-income countries." The institution urged governments to double their climate adaptation funding and make sure IFAD reaches its funding target of $2 billion by the end of 2023. Along with Macron, the organization said Norway had pledged $90 million to IFAD. The post Lauryn Hill, Red Hot Chili Peppers draw fans to rainy Central Park aid fest appeared first on Daily Tribune......»»
PLDT, Smart work with Maynilad on reforestation and water stewardship
In line with continuing efforts to fight climate change and promote water security, the country's largest integrated telecommunications network PLDT Inc. and its wireless subsidiary Smart Communications Inc. have teamed up with water solutions company Maynilad Water Services Inc. on various reforestation and water stewardship programs. PLDT and Smart recently supported Maynilad’s annual tree planting initiative “Plant for Life” at the La Mesa Watershed. This is a multi-site reforestation program that aims to recover denuded forests within critical watersheds that surround Metro Manila and nearby areas. The telcos, through their social outreach arm PLDT-Smart Foundation, adopted one hectare of the reforestation site within Ipo Dam in Norzagaray, Bulacan. “Recognition of the importance of sustainability is shared within the MVP group of companies. At PLDT and Smart, we appreciate the significance of our forests and nature-based solutions in helping us mitigate and adapt to the worsening impacts of climate change. It is thus in our best interest to pursue synergies with like-minded organizations, such as Maynilad, to amplify efforts to take care of our environment and of our customer communities,” said PLDT first vice president, chief sustainability officer and head of investor relations Melissa Vergel de Dios. As co-chair of the Planet Pillar of the United Nations Global Compact’s local chapter Global Compact Network Philippines, PLDT and Smart also tapped Maynilad as one of the speakers during a learning session for micro, small and medium-sized enterprises on responsible water stewardship and on efforts to combat plastic pollution in waterways. During the session, Maynilad’s head of quality, sustainability and resiliency Atty. Roel Espiritu highlighted the importance of engaging institutional partners and MSMEs for reforestation activities. “When we plant trees, we get to hit two birds with one stone. We create carbon sinks, and at the same time foster and maintain good quality of water,” he explained. The post PLDT, Smart work with Maynilad on reforestation and water stewardship appeared first on Daily Tribune......»»
The vital role of ASEAN
The ASEAN-UN Comprehensive Partnership is more important than ever. We face tests as far as the eye can see — from the climate emergency to a global cost-of-living crisis, raging conflicts and growing poverty, hunger, and inequalities. All these challenges are aggravated by rising geopolitical tensions. There is a real risk of fragmentation — of a Great Fracture in world economic and financial systems, with diverging strategies on technology and artificial intelligence and conflicting security frameworks. I commend ASEAN for your vital role in building bridges of understanding all over the world. ASEAN has played an extremely important role as a center that convenes all those that, unfortunately, represent the most dramatic divisions in today’s world and these series of summits is a demonstration of that fundamental convening role of ASEAN. And we need it in a world that is increasingly multipolar and that requires strong multilateral institutions to go with it — based on equity, solidarity and universality. I am grateful for your steadfast support for multilateral solutions and your contribution of over 5,000 peacekeepers from ASEAN countries. ASEAN’s convening power, commitment to dialogue and experience in conflict prevention are crucial pillars of stability. Today, tensions remain high from the Korean Peninsula to the South China Sea. I am grateful to ASEAN member states for your pursuit of dialogue and peaceful dispute resolution, rooted in the respect for international law, including the UN Convention on the Law of the Sea. Since we gathered last year, the situation in Myanmar has further deteriorated. Brutal violence, worsening poverty and systematic repression are crushing hopes for a return to democracy. The conflict is exacerbating existing inequalities and vulnerabilities faced by women and girls, including sexual violence, forced marriage and human trafficking. More and more people are crossing borders in a desperate search for safety and protection and the situation is untenable. Over one million Rohingya remain in Bangladesh, in the world’s largest refugee camp. And, regrettably, the conditions for their safe, voluntary and dignified return are not yet in sight. Much more is needed. My call to the military authorities of Myanmar is clear: Free all detained leaders and political prisoners; open the door toward the full restoration of democratic rule. We must also end our assault against the planet. ASEAN ranks amongst the most biodiversity-rich regions — and is highly vulnerable to natural disasters. We can still limit the worst impacts and meet the goals of the Paris Agreement. ASEAN is uniquely positioned to be a leader of an energy transition that is global, sustainable, just, inclusive and equitable. I commend ASEAN member states that are pioneering Just Energy Transition Partnerships like Indonesia and Viet Nam. And I commend all who are accelerating the phaseout of coal and jumpstarting a fair and inclusive renewables revolution. But greater ambition is needed still — along with much greater support. Developed countries must finally deliver on their commitments to developing countries. Resources are also central to rescuing the Sustainable Development Goals. I have called for deep and structural changes to make global frameworks — including the Bretton Woods system — more representative of today’s economic and political realities and also more responsive. Such change will not happen overnight — and I have proposed concrete steps we can take now, including an SDG Stimulus of US$500 billion a year to the benefit of developing countries for them to be able to reach the Sustainable Goals. This and other action would catalyze SDG progress and help developing economies invest in key transitions across energy, food systems, digital, education, health, decent jobs and social protection. I count on ASEAN member states to help raise global ambition in the vital months ahead. And you can always count on my wholehearted support to shape a future of peace and prosperity for the people of Southeast Asia and the world. *** Excerpts from the UN Secretary-General’s remarks at the ASEAN-UN Summit, 7 September 2023. The post The vital role of ASEAN appeared first on Daily Tribune......»»
At UN, fading hopes for improving lives on planet
World leaders meeting in New York next week will try to revive key goals meant to improve the lot of humanity by 2030, plans that are in doubt today as hunger, poverty and other crises persist. Leave no one behind In 2015, UN member-states adopted 17 wide-ranging development goals to be met by 2030, which included eradicating extreme poverty and hunger, providing access to drinking water, ensuring gender equality and health care for all. "In thriving economically in the 21st century, you cannot any longer try to do so at the expense of nature, or at the expense of people who are left behind," the head of the United Nations Development Program (UNDP), Achim Steiner, told AFP. But the 2030 Agenda is in trouble, according to the UN. "The Sustainable Development goals are in peril," the UN said in a report published in July. In order to meet these goals, governments coming together at the UN General Assembly on Monday are slated to commit to "act with urgency... for people, planet, prosperity, peace and partnership, leaving no one behind," according to the draft declaration. Poverty and hunger Progress has been slow and, in some cases, things are even worse now than they were in 2015. The Covid-19 pandemic has halted progress in combating extreme poverty, defined as living on less than $2.15 per day. Far from the hoped-for eradication, at the current rate 575 million people will still be living in such conditions in 2030, most of them in sub-Saharan Africa. And the world has returned to levels of hunger not seen since 2005. Furthermore, 1.1 billion people live in urban areas in slum-like conditions, more than two billion still do not have access to drinking water, 38 out of 1,000 children die before their fifth birthday and the impacts of climate change are increasingly devastating. Debt burden Crippled by various world crises, from Covid-19 to the war in Ukraine, many countries are crumbling under the weight of their debt and do not have the means to change course. "Countries are not able to pursue the development they want right now, but they can only opt for a recovery, where they go for the growth they can get," Steiner said. That, however, is a risky path. "That growth takes us back to the fossil fuel dependency and to greater inequalities, precisely the things that have led to so many tensions, protests on our streets," he added. That is why the draft declaration that will be discussed on Monday talks about reforming international financial institutions, over which, however, the UN has no control. UN Secretary-General Antonio Guterres has also called for investing an additional $500 billion per year by 2030 in order to meet the ambitious goals. His plan received support at the recent G20 summit. Vicious or virtuous circle? Getting out of poverty, having access to education, drinking water or clean energy, being in good health and living in peace -- all these development goals are largely interdependent. Global warming and the extreme weather events it causes undermine most of the development goals as they destroy crops, infrastructure and livelihoods. That is why change must be comprehensive, Steiner said.. "We can use $1 to deliver more than $1 of impact. If you address poverty, you can also address access to electricity or vice versa," he said. "If you address access to electricity and combine it with the objective of decarbonization, you can achieve both poverty reduction" and address climate change. Steiner has worked with 95 countries to identify priorities to modify the growth model, such as policies aimed at creating decent jobs and investing in sustainable cities that offer basic services and affordable housing and infrastructure. The post At UN, fading hopes for improving lives on planet appeared first on Daily Tribune......»»
ADB OKs P17 billion Philippines loan to boost climate resilience
The Asian Development Bank has approved a $303-million (P17.2 billion) loan to address the persistent flooding problem in the country amid worsening climate change......»»
UAE agri, energy, banking deals eyed
The Department of Finance, or DoF, on Wednesday said United Arab Emirates or UAE-based firms are keen on exploring investments in a range of industries in the Philippines, including food, water management, renewable energy, and Islamic banking. DoF said the economic team talked to executives of Brevan Howard, a technology-driven investment management platform; Arqaam Capital, a financial firm for emerging markets; and Investment Corporation of Dubai, the Dubai Government’s principal investment arm for the possible foreign investments. “The companies expressed interest in the Philippines’ renewable energy projects, port operations, water and wastewater management, waste-to-energy projects, upcoming Sukuk bond issuances, Islamic banking, and the Maharlika Investment Fund,” DoF said in a statement to the media. Middle East roadshow Investment and trade discussions surfaced during the Philippine economic team’s investor briefing in the UAE, a seven-state federation, from 11 to 12 September. The finance department said the possible foreign investments affirm the need for the Comprehensive Economic Partnership Agreement or CEPA with the UAE aimed at easing and expanding trade between the two countries. DoF said the UAE Government and the Philippines have already signed an agreement for investment protection and collaboration as part of the ongoing negotiations over CEPA. It added the UAE will soon submit to the Philippines its template for the final document on CEPA. President Ferdinand Marcos Jr. said he aims to adopt foreign water technologies, such as hydroelectric power plants, irrigation canals, and diversion dams to store and distribute more water for households, commercial establishments, and farm irrigation amid the threats of climate change. Food exports to Dubai usually include pineapples, bananas, and fresh and processed fish amounting to over $30 million. For renewable energy, the Department of Energy aims to generate power capacity of at least 20,000 megawatts through a mix of sources, such as the sun, wind and geothermal. Meanwhile, National Treasurer Rosalia de Leon said the Philippines is entering the Islamic debt market by issuing Sukuk bonds, or Islamic bonds, in the fourth quarter this year or early next year to raise $1 billion. “Sukuk bonds will diversify the Philippines’ sources of financing, widen its investor base to reach the untapped Islamic finance market, and boost investments in physical and digital connectivity,” she said. The Islamic bonds offer investors a share of profits from projects financed by the debt instrument instead of interest payments from traditional bonds. The government aims to raise $5 billion from commercial borrowing and already acquired $3 billion in January. The post UAE agri, energy, banking deals eyed appeared first on Daily Tribune......»»
Nurturing agri growth: Marcos’ birthday wish
More people wish a head of State a happy birthday than typical, as President Ferdinand Marcos Jr. will find as he celebrates his 66th birthday today. Wishes for good health and happiness and the success and accomplishment of all his commitments and obligations throughout his administration have flooded in. Before he spends his birthday in Singapore today, attending a summit and the Formula One Singapore Grand Prix, Marcos expressed his wish for an improved agriculture sector. In an interview with reporters, Marcos said he wants the sector to be more productive and resilient to climate change. He also expressed his wish for the government to understand the weather better so it could better help farmers. “(My birthday wish is) for (the) agriculture (sector) to improve and for us to know the real weather, whether it’s the wet season or dry season, so that we can help our farmers. That’s still my prayer up to now,” Marcos said. Marcos issued Executive Order 39, imposing a price cap on rice to control the soaring prices. He also gave the responsible government agencies the job of reducing the number of agricultural hoarders and smugglers. But he considers the “best” birthday gift the issuance of the Implementing Rules and Regulations of RA 11953, or the New Agrarian Reform Emancipation Act. “As we chart a path towards a more self-sufficient and equitable Philippines, this administration reaffirms its commitment to enrich the lives of our farmers, ensure the rapid industrialization of our farmlands, and promote sustainable and inclusive growth in the countryside,” he said. He visited the Department of Agrarian Reform office in Quezon City to attend the release of the Implementing Rules and Regulations of the New Agrarian Emancipation Act and to sign the Executive Order extending the moratorium on the repayment of agricultural debts of farmer-beneficiaries. At the event, Daily Tribune asked government officials to present their birthday wishes for Marcos, who concurrently heads the Department of Agriculture. “May God give President Marcos Jr. good health and more wisdom as he leads our country to a brighter future,” said one senior presidential protocol officer. Amid the good wishes, others turned the President’s birthday celebration into a platform to remind him of the pressing matters he must address as the land’s highest official. “I am hoping for more fruitful years to come with Marcos’s administration, especially in easing the plight of the poor people and our (economic) situation,” one DAR employee said. Economic vision for the future As Marcos celebrates another year of life, he continues to chart his vision for the future of the Philippines. One key aspect of this vision is economic development. He has advocated for policies to spur economic growth, job creation, and poverty reduction. His focus on economic issues resonates with many Filipinos who prioritize financial stability and opportunities for their families. In October last year, Senate President Juan Miguel Zubiri said that Marcos’s performance in his first 100 days in office was commendable. Zubiri lauded the President’s choice of Cabinet members, particularly his economic team. He also noted the frequent Cabinet meetings called by the President, which he deemed a positive practice. Best Phl salesman The President, he said, is the “best salesman” for the Philippines, sending signals to investors that the Philippines is open for business and investment. For context, the latest data from the Philippine Statistics Authority showed that approved foreign investment pledges grew by 27.8 percent in the year’s second quarter. The PSA data released on Tuesday showed that total foreign investments approved by investment promotion agencies during the period amounted to P59.09 billion from P46.26 billion FI in the same quarter of 2022. Vision for agriculture Marcos has made agriculture one of the top priorities of his administration. His extension of the moratorium on farmers’ repayment of their agrarian debts by two years has benefited them as they don’t have to make payments until 13 September 2025. “I have just signed an Executive Order for the two-year extension of EO 4, 2023, because other beneficiaries were not covered when the IRR was introduced and when we implemented the original EO’s moratorium,” Marcos said. While acknowledging these achievements, engaging in a broader discussion of his presidency is essential, recognizing both the positive strides and the challenges faced during his time in office. As with any political figure, President Marcos’ legacy is complex and multifaceted. The post Nurturing agri growth: Marcos’ birthday wish appeared first on Daily Tribune......»»
4 new solar plants bring clean energy to Visayas, Mindanao
The European Union, the World Bank and the National Power Corporation held a ceremony in General Santos City recently to mark the inauguration of the completed rural network solar power plants involving four electric cooperatives in Samar, Visayas and South Cotabato and Sultan Kudarat, Mindanao. The setting-up of the solar power plants and their linking to the distribution networks of the ECs are being done by Napocor under the Access to Sustainable Energy Project administered by the World Bank and funded by a grant from the EU. The project, which is part of the EU’s 66-million Euro (P3.8 billion) Access to Sustainable Energy Programme, financed four 1MWp greenfield solar PV power plants at a total cost of 4.6 million Euro (P280 million). The two plants connected to the distribution networks of South Cotabato II Electric Cooperative and Sultan Kudarat Electric Cooperative were switched on at the ceremony. The other two plants, which will be connected to the networks of Samar I & II Electric Cooperatives, should be switched on by the end of September 2023. These investments in solar energy will help make energy consumption in the target areas more environmentally sustainable, contribute to diversifying the energy supply and ultimately help mitigate climate change. At the inauguration ceremony, Luc Véron, European Union Ambassador to the Philippines, said: “We are very proud to have financed this action that provides sustainable and clean energy solutions to remote communities in Mindanao and Visayas. Working on the transition to a greener society and climate change mitigation is a global priority for the European Union, and it will also remain at the center of our cooperation efforts with the Philippines.” “This project exemplifies the World Bank’s commitment to promoting sustainable energy solutions for inclusive growth in the Philippines,” said Ndiamé Diop, World Bank country director for Brunei, Malaysia, Philippines and Thailand. He also noted the importance of these solar power plants in setting benchmarks for scaling up renewable energy supplies among ECs. “Napocor is proud to be a partner of the EU and the World Bank in bringing renewable energy to far- flung areas of the Philippines, supporting the government’s endeavors toward full electrification and renewable energy scale-up. Under this partnership, Napocor also completed the installation of 30,500 units of solar home systems for five electric cooperatives in Mindanao in 2022,” said Fernando Martin Y. Roxas, president and CEO of Napocor. Roxas extended his appreciation to both the EU and WB as well as to the Department of Energy for entrusting Napocor with the implementation of the Access to Sustainable Energy Project. “This has been a fruitful collaboration. We are grateful to extend our technical expertise and at the same time obtain inspiration in our own pursuit of renewable energy technologies. We look forward to future engagements with our development partners.” The post 4 new solar plants bring clean energy to Visayas, Mindanao appeared first on Daily Tribune......»»
Climate change supercharged this summer’s record heat: study
Record-shattering temperatures that impacted billions of people in the northern hemisphere this summer were given a massive boost by human-caused climate change, an analysis showed Thursday. The new paper by the nonprofit Climate Central group examined the period from June to August 2023, finding that greenhouse gas emissions pumped into the atmosphere since the start of the industrial era made the heat waves that baked Asia, Africa, Europe and North America far more likely. Nearly half of the global population -- more than 3.8 billion people -- were exposed to 30 or more days of extreme heat worsened by climate change, while at least 1.5 billion people lived through such temperatures every day over those three months. "Virtually no one on Earth escaped the influence of global warming during the past three months," said Andrew Pershing, Climate Central's vice president for science. "In every country we could analyze, including the southern hemisphere where this is the coolest time of year, we saw temperatures that would be difficult -- and in some cases nearly impossible -- without human-caused climate change. Carbon pollution is clearly responsible for this season's record-setting heat." The analysis relied on peer-reviewed methods to determine the likelihood of daily temperatures in each country of the world with and without today's levels of carbon pollution. A similar approach has allowed scientists to identify the climate influence, or "fingerprint," of extreme weather events, including recently the fire prone weather conditions that led to this year's wildfires in Quebec. Climate Central has developed a Climate Shift Index (CSI) that ranges from -5 to 5, with positive levels indicating temperatures that are becoming more likely due to climate change. A CSI of level 0 means climate change had no detectable influence, while level 3 indicates it made the odds of recording a specific temperature in a given time and place three times greater. According to the team's calculations, 48 percent of the world experienced 30 days during June-August with a CSI level of 3 or higher, while 1.5 billion people had such heat over the whole summer. "There really is this divide between the countries that have been the most responsible for climate change for the pollution that is driving the heat that we're experiencing right now," said Pershing. The world's least-developed nations and small island states, he said, are experiencing heat that is three to four times more climate-supercharged than G20 countries with the largest economies. Global exposure meanwhile peaked on August 16, 2023, when 4.2 billion people worldwide experienced climate-caused extreme heat. "A big part of what we're trying to do with this analysis, is to really come up with ways to try to localize that climate, that experience that individuals are having with climate change," said Pershing. The post Climate change supercharged this summer’s record heat: study appeared first on Daily Tribune......»»
PBBM concerned over militarization of South China Sea, cites UNCLOS
JAKARTA, Indonesia - President Ferdinand Marcos Jr. called on the Association of Southeast Asian Nations (ASEAN) and its partners to harness their shared interests and rally them into taking joint action to address the complex challenges facing the world today. In his intervention at the 18th East Asia Summit (EAS) here on Thursday, Marcos said that the world is facing a number of serious challenges, including the intensification of geopolitical tensions, food and energy insecurity, and the acceleration of the climate crisis. "These challenges are interconnected and require a comprehensive and coordinated response," Marcos Jr. said. "We must not allow these challenges to divide us. Instead, we must come together and work together to find solutions," he added. Marcos Jr. stressed the importance of ASEAN Centrality and universal multilateralism in addressing these challenges. He said that ASEAN must continue to play a leading role in regional cooperation, and that all countries must work together to uphold the rules-based international order. On the issue of the South China Sea, Marcos Jr. reiterated the Philippines' commitment to the peaceful resolution of disputes. He called on all parties to exercise self-restraint and refrain from unilateral and assertive activities that would increase tensions in the region. Marcos Jr. also reiterated his concern over the militarization of the South China Sea and the illegal, unreported, and unregulated (IUU) fishing in the area. He also called anew for the early conclusion of an effective and substantive Code of Conduct in the South China Sea (COC) that is in accordance with international law. "The Philippines remains committed to defending our sovereignty, our sovereign rights, and the maritime jurisdiction in accordance with UNCLOS," Marcos Jr. said. In his intervention, Marcos Jr. also touched on other issues, such as the need to promote economic recovery, address climate change, and combat terrorism. He said that ASEAN and its partners must work together to build a more peaceful, prosperous, and sustainable future for the region and the world. The East Asia Summit is made up of 18 countries, including ten ASEAN Member States (Brunei Darussalam, Cambodia, Indonesia, Lao PDR, Malaysia, Myanmar, Philippines, Singapore, Thailand, and Viet Nam) and Australia, China, India, Japan, New Zealand, the Republic of Korea, the Russian Federation, and the United States of America. The post PBBM concerned over militarization of South China Sea, cites UNCLOS appeared first on Daily Tribune......»»
Driving towards a greener future
The Philippines is on the brink of a significant transformation as Filipinos accelerate the adoption of electric vehicles, driven by both government initiatives and the pioneering efforts of innovative organizations. Fueled by the urgent need to combat climate change and reduce carbon emissions, we see this shift extending its influence across diverse industries......»»