Philippines signs trust fund agreement with UNESCAP for climate preparedness

The Philippine government has contributed $10,000 to a United Nations trust fund aimed at improving disaster and climate preparedness across the Asia-Pacific region.

The agreement was formalized on May 5 at the United Nations Conference Center in Bangkok. Philippine Ambassador to Thailand Millicent Cruz Paredes and Srinivas Tata, director of UNESCAP’s Strategic and Program Management Division, signed the Trust Fund Agreement.

The donation supports the Trust Fund’s Strategy 2025-2030, which seeks to strengthen resilience against disasters and climate hazards in the region. The fund was created in 2005 following the Indian Ocean Tsunami and now focuses on multi-hazard early warning systems.

The Philippines serves as both a donor and recipient. It has benefited from 13 projects, including the installation of sea-level and seismic stations, and it currently acts as an observer on the fund’s Advisory Council.

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Illustration of government relief efforts in Mindanao following a major earthquake, showing aid distribution to affected communities.
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Government allocates P278 million for Mindanao earthquake recovery

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Malacañang has allocated P278 million to assist local government units with relief and recovery efforts following the magnitude 7.8 earthquake on June 8.

The Philippine government is rallying ASEAN neighbors for a strong united position on climate obligations ahead of COP31 in Turkey later this year. Environment Secretary Juan Miguel Cuna stated this during a press briefing on April 27 at the opening of ASEAN Climate Week.

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Building on Environment Secretary Juan Miguel Cuna's earlier call for a united ASEAN stance ahead of COP31, President Ferdinand Marcos Jr. urged stronger regional collaboration on the climate crisis during the inaugural session of the ongoing ASEAN Climate Week.

Philippine Defense Secretary Gilberto Teodoro Jr. urged greater unity among middle powers during his speech at the Shangri-La Dialogue on May 31, describing the Philippines as a convergence point in a fragmented world.

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Japanese businesses have committed to invest about P210 billion in the Philippines during a roundtable meeting with President Marcos in Tokyo.

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