Philippines leads group mobilizing fund to counter global climate change

Philippines leads group mobilizing fund to counter global climate change

26 SEPTEMBER 2015

MANILA, Philippines - The Philippines will lead 19 other countries in the establishment of a group that will tackle how to cope with natural disasters and calamities by mobilizing funds toward climate change mitigation and adaptation.

Finance Secretary Cesar Purisima chairs the Vulnerable 20 (V20) group which will hold its inaugural meeting on the sidelines of the annual gathering of the World Bank and the International Monetary Fund (IMF) in Washington, D.C. on Oct. 8.

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Source: Philstar

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