{"id":283203,"date":"2026-01-14T03:48:08","date_gmt":"2026-01-14T03:48:08","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/283203\/"},"modified":"2026-01-14T03:48:08","modified_gmt":"2026-01-14T03:48:08","slug":"pbbm-urges-cooperation-climate-financing-reforms-at-abu-dhabi-meet-philippine-canadian-inquirer","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/283203\/","title":{"rendered":"PBBM urges cooperation, climate financing reforms at Abu Dhabi meet \u2013 Philippine Canadian Inquirer"},"content":{"rendered":"<p>By Darryl John Esguerra, Philippine News Agency<\/p>\n<p><img data-lazyloaded=\"1\" fetchpriority=\"high\" decoding=\"async\" aria-describedby=\"caption-attachment-499315\" class=\"wp-image-499315\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2026\/01\/malacanang.jpg\" alt=\"\" width=\"600\" height=\"376\"  data-\/><\/p>\n<p id=\"caption-attachment-499315\" class=\"wp-caption-text\">Speaking at the global dialogue, Marcos underscored that sustainability is now a shared global responsibility that requires collective action across governments, the private sector and civil society. \u201cThe Abu Dhabi Sustainability Week reminds us that sustainability is no longer the concern of any single sector but a shared imperative,\u201d Marcos said, as quoted in a Palace news release. (Photo: PNA)<\/p>\n<p><strong>MANILA<\/strong>\u00a0\u2013 President Ferdinand R. Marcos Jr. on Tuesday called for stronger global cooperation and reforms in international financing systems to accelerate sustainable development and climate action, as he addressed world leaders and experts at the Abu Dhabi Sustainability Week (ADSW).<\/p>\n<p>Speaking at the global dialogue, Marcos underscored that sustainability is now a shared global responsibility that requires collective action across governments, the private sector and civil society.<\/p>\n<p>\u201cThe Abu Dhabi Sustainability Week reminds us that sustainability is no longer the concern of any single sector but a shared imperative,\u201d Marcos said, as quoted in a Palace news release.<\/p>\n<p>\u201cThis year\u2019s theme, \u2018The Nexus of Next: All Systems Go,\u2019 captures this reality well. Progress today means that we must move together with purpose,\u201d he added.<\/p>\n<p>Marcos thanked the United Arab Emirates (UAE) for convening ADSW, describing it as a vital platform for aligning policies, technologies and investments toward sustainable outcomes.<\/p>\n<p>The President is on a working visit to the UAE, his second in just over a year, to further strengthen bilateral ties between Manila and Abu Dhabi, particularly in trade, defense and sustainable development cooperation.<\/p>\n<p>Amid rapid technological, economic and geopolitical shifts, Marcos reaffirmed the Philippines\u2019 commitment to achieving the Sustainable Development Goals (SDGs), stressing the need to integrate climate action, adaptation, and economic development.<\/p>\n<p>He highlighted the country\u2019s development agenda, which focuses on inclusive growth, innovation, resilient infrastructure and strong institutions, while noting the Philippines\u2019 continued vulnerability to climate change.<\/p>\n<p>Marcos pointed to shared challenges faced by many developing economies, including rising debt, fiscal constraints and limited access to development finance.<\/p>\n<p>The President reiterated calls for reforms in global financial institutions to make climate and development financing fairer, more accessible and more responsive to the needs of climate-vulnerable nations.<\/p>\n<p>\u201cBorrowing costs for climate-vulnerable countries exceed growth rates, while debt burdens crowd out investments in health, education, and resilience. This is not simply a matter of finance. It is a matter of equity, stability, and shared responsibility,\u201d Marcos said.<\/p>\n<p>He also cited discussions during the Fourth International Conference on Financing for Development in Spain, where countries acknowledged that the current global financial architecture is \u201cno longer fit for purpose.\u201d<\/p>\n<p>Marcos reaffirmed the Philippines\u2019 advocacy for increased climate finance, effective use of concessional financing such as Official Development Assistance, and support for disaster risk reduction, sustainable transport and infrastructure and the circular economy.<\/p>\n<p>At the national level, Marcos said the Philippines has adopted a community-led approach to climate resilience, highlighting the People\u2019s Survival Fund as a key mechanism supporting vulnerable communities through adaptation projects, climate data, and technology.<\/p>\n<p>\u201cThe Philippines views the People\u2019s Survival Fund as complementing the Green Climate Fund, Adaptation Fund, and the Fund for Responding to Loss and Damage\u2014three global mechanisms where we are board members. We are also the proud host to the Fund for Responding to Loss and Damage,\u201d he said.<\/p>\n<p>Marcos also emphasized the administration\u2019s \u201cWhole-of-Nation PLUS\u201d approach, which broadens partnerships, deepens inclusivity, and harnesses innovation, contributing to progress in key SDG areas such as clean energy, infrastructure and responsible consumption.<\/p>\n<p>He said accelerating the country\u2019s energy transition through the expanded deployment of renewable energy remains one of the administration\u2019s long-term goals.<\/p>\n<p>ADSW is a flagship annual forum hosted by the UAE that brings together global leaders and experts to promote innovative solutions and collective action on climate change, clean energy and sustainable development.<strong>\u00a0<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"By Darryl John Esguerra, Philippine News Agency Speaking at the global dialogue, Marcos underscored that sustainability is now&hellip;\n","protected":false},"author":2,"featured_media":283204,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[174],"tags":[79,179,18,19,17],"class_list":{"0":"post-283203","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-business","9":"tag-economy","10":"tag-eire","11":"tag-ie","12":"tag-ireland"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115891411584226795","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/283203","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=283203"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/283203\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/283204"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=283203"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=283203"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=283203"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}