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EXPLORE WAYS TO SCALE UP RENEWABLE ENERGY DEVELOPMENT – LEGARDA

Senator Loren Legarda met with Christiana Figueres, former Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC) and currently the Convenor of Mission 2020, to discuss ways on how to further unlock investments to scale up clean and renewable energy development in the country and the world.

Legarda, UNISDR Global Champion for Resilience and UNFCCC National Adaptation Plan Champion, shared that transitioning towards a low carbon economy remains a challenge, but the potential economic returns, as well as the advantages in reducing climate and disaster risks, will be massive.

“There is no debate that we did not cause climate change, but we must take it upon ourselves not to contribute further to this crisis.”

“I’m proud to champion the policies and laws in place for us to transition towards a low carbon and sustainable path, but I agree, the challenge really is to operationalize these, and at the same time, to mobilize resources and innovation from the private sector and business community,” Legarda stressed.

Legarda said Figueres is in the Philippines to discuss opportunities with public and private sector leaders for accelerating the transition towards a lower-emissions Asian economy and creating space for governments to enhance their commitments under the Paris Agreement, in preparation for the UN Secretary-General’s Summit in September 2019.

“The Philippines is among the many developing countries that emit less than 1 percent of the total global GHG.”

Legarda also noted that it was during Figueres’ term as UNFCCC Executive Secretary that the historic Paris Agreement was signed. She recalled Figueres’ visit to the Philippines to witness the launch of the Manila Call to Action on Climate Change in Malacañang and to visit towns in Eastern Samar which were hit by Typhoon “Yolanda” in 2015.

“The Philippines is among the many developing countries that emit less than 1 percent of the total global GHG. There is no debate that we did not cause climate change, but we must take it upon ourselves not to contribute further to this crisis,” she said.

“We must set targets to keep global temperature rise to 1.5°C by reducing global GHG emissions by 45 percent of 2010 levels by 2030 and to zero by mid-century,” Legarda added.

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