Climate Investment Forum 2022 to focus on turning PH stakeholder climate commitments into action

The Climate Change Commission (CCC) will host Monday the Climate Investment Forum 2022 (CIF 2022) which draws Philippine stakeholders together in order to turn climate commitments into action.

With the theme, “Turning Climate Commitments to Action,” the CIF 2022 will be held on 21 November 2022 at the Novotel Manila, in Cubao, Quezon City and streamed via Zoom Digital Platform.

In partnership with the Department of Environment and Natural Resources (DENR), United Nations Development Programme (UNDP), Foreign Commonwealth and Development Office (FCDO) of the United Kingdom, Department of Finance (DOF), Philippine Stock Exchange (PSE), Securities and Exchange Commission (SEC) and the World Bank Group (WBG), the  CIF 2022 aims to bring together the public and private sectors, non-government organizations, and the academe, to identify strategies in achieving the Philippine Nationally Determined Contribution (NDC) targets, priority actions on climate finance, and opportunities for climate action.

Experts from both the government and private sectors will be sharing their insights and initiatives on the subject matter.

Her Excellency Laure Beaufils, Ambassador of the United Kingdom to the Philippines, Dr. Ndiamé Diop, WBG Country Director for Brunei, Malaysia, the Philippines and Thailand, and Dr. Selva Ramachandran, Resident Representative of the UNDP Philippines, will address the Climate Investment Forum and highlight the importance of climate finance in the Philippines as well as multi-stakeholder participation.

Senior officials from the World Bank Group, Mr. Stefano Pagiola and Mr. Taisei Matsuki, will also tackle the country’s climate and development report and various carbon pricing policies and instruments.

National plans on achieving greenhouse gas emissions (GHG) reduction targets will also be presented by government representatives namely, Undersecretary Analiza Rebuelta-Teh of the DENR, Undersecretary Mercedita Sombilla of the Department of Agriculture (DA), Undersecretary Mark Steven Pastor of the Department of Transportation (DOTr), Undersecretary Mark Dennis Joven of the DOF, and OIC-Director Michael Sinocruz of the Department of Energy (DOE).

Filipino social entrepreneurs Carlo Delantar of Gobi Core PH Fund, Love Gregorie Moral-Perez of xchange and Jeannie Javelosa of Echostore Sustainable Lifestyle will also share their sustainability efforts and best practices in micro, small and medium enterprises (MSMEs).

Mr. Asad Maken, Governance and Public Finance Specialist of the UNDP, will present the Climate Finance Network and opportunities for the private sector and innovative finance. Opportunities for transition economies in sustainable investment will be discussed by Ms. Corazon G. Dizon, Chief Finance Officer & Treasurer of ACEN Corporation, Ms. Aileen Ruiz-Zarate, Senior Investment Officer of International Finance Corporation and Ms. Neha Kumar, Head, South Asia Programme of the Climate Bonds Initiative.

Securities and Exchange Commissioner Mcjill Bryant Fernandez, Dr. Allinnettes Adigue, Head for ASEAN Region of the Global Reporting Initiative, Ms. Liza Silerio, Vice President for Corporate Compliance Group of SM Supermalls, and Ms. Agnes De Jesus, Chief Sustainability Officer of First Philippine Holdings Corporation, will also tackle Sustainability Reporting Guidelines for Publicly Listed Companies and the ASEAN Sustainable and Responsible Fund Standards (SRFS) together with Atty. Roel Refran, Philippine Stock Exchange Chief Operating Officer.

The CIF immediately follows the Opening Ceremony for the Climate Change Consciousness Week, which will be led by DENR Secretary Maria Antonia Yulo-Loyzaga who has been designated Official Representative of President Ferdinand R. Marcos, Jr. in the Climate Change Commission.  Confirmed to deliver their messages are Senate President Pro-Tempore Loren Legarda, climate and environment champion and principal author of the Climate Change Act which created the CCC, and Bohol 1^st District Representative Edgar Chatto, Chairperson on House Committee on Climate Change.

The whole-day forum will be conducted in a hybrid setting, with limited slots for in-person participation. Participants who wish to join the virtual event may register through this link: https://tinyurl.com/CIForum2022.

The Climate Investment Forum 2022 is the flagship event of the CCC for the commemoration of the 15th Global Warming and Climate Change Consciousness Week. Know more by visiting the social media accounts of the CCC at @CCCPhl.