‘Misappropriated’ climate fund a setback – Alvarez

Published by rudy Date posted on July 19, 2010

MANILA, Philippines – The vice-chairman of the Climate Change Commission on Monday warned that using foreign loans or grants dedicated to climate change to plug the budget deficit could undermine the entire Philippine climate mitigation and adaptation strategy.

In a statement, former senator Heherson T. Alvarez said a portion of the P10.5 billion loan from the Agence Francaise de Developpment (AFD) should have been used for government initiatives to mitigate climate change.

“At the very least 20 percent of the loan should have been earmarked for its intended purpose, especially at this time when the country is beginning to experience another season of violent typhoons and storm surges,” he said.

The former senator, a staunch environmental advocate, declared that if he had been part of the decision process in the deployment of the French loan he would have recommended that a portion be used to modernize the facilities of the PAG-ASA weather bureau.

Alvarez disclosed that he was never informed by any official of the finance or budget departments about the loan totaling 150 million euros from AFD, an agency of the French government.

Alvarez said he learned about the loan directly from AFD officials in a meeting requested by the French agency last June 23 at the Shangri-la Hotel in Makati City.

The AFD was represented by Alexis Bonnel, deputy to the director of the Operational Department, and Ms. Isabelle Vincent, a manager in the Environment and Infrastructure Division.

During the meeting, Alvarez informed the AFD officials that Philippines had already completed a national framework strategy and is now engaged in the formulation of the national climate change action plans.

The meeting was intended to provide Alvarez an overview of the nature and functions of AFD as the main operator for French bilateral Official Development Assistance.

Also in attendance were Filipino consultants of the AFD which inaugurated its Manila office last year. The agency’s country director is Luc Le Cabellec. –abs-cbnNEWS.com

September 18 –
International Equal Pay Day

“Increase wages now,
more than other cost items.
For widespread, practical equality!”

Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.

Accept the National Unity Government (NUG) 
of Myanmar.  Reject Military!

#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

October –

   

Monthly Observances:

Industry and Commerce Safety Month 

National Statistics Month 

Local Government Month 

Consumer Welfare Month 

Cooperative Month

National Quality and Productivity Improvement Month 

National Health and Wellness Tourism Month
National Indigenous Peoples Month

 

Weekly Observances:

Week 1: Elderly Filipino Week 

Week 2: National Health Education Week 

Local Government Week 

National Mental Health Week 

October 17-23:

National Week for Overcoming Extreme Poverty 

October 18 – 24:

United Nations Week 

Last Week:

Nurses’ Week 

Consumers’ Protection Week 

Week of the 4th Sunday:

Barrio Farmers’ Week

 

Daily Observances:

First Monday (Oct 4): Universal Children’s Day i
n the Philippines 

Oct 5: National Teachers’ Day 

Oct 10: Local Government Day 

Third Thursday (Oct 14): Conflict Resolution Day 

Oct 21: Tenants’ Emancipation day 

Oct 24: United Nations Day 

Oct 29: National Indigenous People’s Thanksgiving Day

Categories

Lorem ipsum dolor sit amet, consectetur adipiscing elit. Ut elit tellus, luctus nec ullamcorper mattis, pulvinar dapibus leo.