The Philippines, as loss and damage fund board host, remains committed to the process of collective negotiation, says Maria Antonia Yulo-Loyzaga, at the board's first meeting hosted in Manila, while adding that a "bottom-up" approach can be taken for how the fund is administered.
More than 65,000 delegates have registered to attend the COP29 climate summit in Baku, Azerbaijan, potentially making it the second-largest COP on record.
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Mark Joven, who steered negotiations for the Philippines to host the loss and damage fund board, speaks to Eco-Business about the nation’s role in helping to rachet up pledges for the climate-vulnerable, as COP29 nears.