FRLD, ikinatuwa ang mainit na suporta sa kanila ng pamahalaan

PTVPhilippines

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Transcript

00:00The Fund for Responding to Loss and Damage, or FRLD,

00:04is pleased to receive warm support from the Philippine government

00:07following the successful hosting of the Philippines

00:09in their board meeting in the country.

00:12The FRLD is a global financing mechanism

00:16to help climate-vulnerable countries,

00:18including the least-developed and small-island developing states,

00:22against the severe effects of climate change.

00:25According to the FRLD Executive Director,

00:28Ibrahima Sheikh Deyong,

00:30they are already targeting the fund

00:31and how it can be quickly accessed by the countries

00:34who need it.

00:36The Civil Defense Administrator,

00:38Undersecretary Ariel Nepomuceno,

00:41believes that the FRLD will greatly help the fund

00:45to respond to the vulnerable sector

00:47due to the successive typhoons

00:49that left a severe impact on life and property.

00:54We are waiting for their exact mechanism,

00:57program, how to apply, how to give approval.

01:01What we have now is their commitment

01:04that they will help the country through grants

01:07and the so-called concessional loan.

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Transcript

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