Opinion / #natural disasters
With floods, droughts and extreme weather threatening billions of people, investing in early warning systems must be a priority.
The Federal Reserve is perhaps the most significant independent economic actor in the US. Yet it has surrendered to Trump – the Fed Board withdrew from a global network that brought together central banks to improve climate risk management.
It is imperative that adaptation measures are implemented now to safeguard against future extreme climate events.
Climate change is clearly affecting the Philippines. Whether it can transform a long-held national attribute into successful climate adaptation will determine what the future holds.
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