BY: MARLON A. LOTERTE
LEGAZPI CITY, Oct. 11 (PIA) -- Albay Governor Joey Salceda was recently elected as chairman of the board of the Green Climate Fund (GCF) with the unanimous support of representatives from developing countries.
Salceda is also the first Asian to chair such prestigious body elected during its fifth meeting held in Paris on Oct. 7-10, this year.
The GCF, established by the conference of the parties to the United Nations Framework Convention on Climate Change in December 2011, intends to help developing countries adapt to the impacts of climate change.
He said the 24-member GCF board oversees the operation of the Fund, which has pledges of US$ 100 billion by 2020, and approves the funding of projects in line with the Fund’s principles, criteria, modalities, policies and programs.
Salceda, who was also just re-elected chair of the Regional Development Council for Bicol, said the Fund should prompt positive consequences in the lives of ordinary people.
The Albay governor is a known advocate for climate-justice, or the idea that developed nations must help developing nations mitigate the impact of climate change without curtailing their development.
He has relentlessly pursued for the transfer of climate mitigation technology at low or no cost to developing nations.
Salceda, also acclaimed the green economist and investment consultant aims to make the Fund work for developing countries, including small islands developing states, least developed countries, Africa and highly vulnerable communities in countries like the Philippines, Indonesia and Bangladesh in time for the utilization of the Fund next year.
Salceda’s election is a strong manifestation of confidence on the Philippines and further raises the country’s profile in the international community. (MAL-PIA5/Albay)
LEGAZPI CITY, Oct. 11 (PIA) -- Albay Governor Joey Salceda was recently elected as chairman of the board of the Green Climate Fund (GCF) with the unanimous support of representatives from developing countries.
Salceda is also the first Asian to chair such prestigious body elected during its fifth meeting held in Paris on Oct. 7-10, this year.
The GCF, established by the conference of the parties to the United Nations Framework Convention on Climate Change in December 2011, intends to help developing countries adapt to the impacts of climate change.
He said the 24-member GCF board oversees the operation of the Fund, which has pledges of US$ 100 billion by 2020, and approves the funding of projects in line with the Fund’s principles, criteria, modalities, policies and programs.
Salceda, who was also just re-elected chair of the Regional Development Council for Bicol, said the Fund should prompt positive consequences in the lives of ordinary people.
The Albay governor is a known advocate for climate-justice, or the idea that developed nations must help developing nations mitigate the impact of climate change without curtailing their development.
He has relentlessly pursued for the transfer of climate mitigation technology at low or no cost to developing nations.
Salceda, also acclaimed the green economist and investment consultant aims to make the Fund work for developing countries, including small islands developing states, least developed countries, Africa and highly vulnerable communities in countries like the Philippines, Indonesia and Bangladesh in time for the utilization of the Fund next year.
Salceda’s election is a strong manifestation of confidence on the Philippines and further raises the country’s profile in the international community. (MAL-PIA5/Albay)
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