Senator Loren Legarda has encouraged both government and the business sector to include resilience at the core of private and public governance as she stressed that disaster risk reduction and management (DRRM) is a wise investment, during the interactive session “Designing Solutions on Climate and Resource Risks” of the World Economic Forum on East Asia.
“Globally, economic losses due to disasters are taking a toll on development. These losses will continue to escalate unless DRRM becomes integral to national development plans and business […]
Senator Loren Legarda
Lead Statement
Designing Solutions for Climate and Resource Risks
World Economic Forum, Manila
22 May 2014 – Makati Shangri-La Hotel
The Intergovernmental Panel on Climate Change report of March 2014 highlights the risks posed by climate change to the global effort to tackle priority development issues. Because of climate change, poverty alleviation and achieving food security will become increasingly difficult, new poverty traps will arise as existing obstacles remain, and economic growth will slow down.[1]
Senator Loren Legarda
DRR Situationer
Designing Solutions for Climate and Resource Risks
World Economic Forum, Manila
22 May 2014 – Makati Shangri-La Hotel
The world’s attention was focused on the Philippines more than six months ago when Haiyan, the world’s strongest typhoon to make landfall, hit our country.
Entire towns and cities in Central Philippines were flattened, affecting nearly 10 million people. More than 6,000 people perished, and to date, a thousand more are missing.
Damage to property, infrastructure, and livelihood was staggering, estimated at USD2.2 […]
Senator Loren Legarda today said that for nations to attain sustainable and equitable economic development, communities should be resilient to disasters and adaptive to climate change.
Legarda made the statement as part of the panel for the interactive session, Designing Solutions for Climate and Resource Risks, of the World Economic Forum (WEF) on East Asia at the Makati Shangri-la today.
“In climate risks, there could sometimes be no second chances. The UN said economic losses from disasters are ‘out of control.’ We should […]
Senator Loren Legarda today stressed on the need to promote inclusive, equitable and sustainable growth, noting that this year’s World Economic Forum (WEF) on East Asia delves on issues that greatly affect the economy, including climate change.
Legarda said that the Philippines, as host of the 2014 WEF, has the opportunity to tell the region that the country is back in business and ready to face the challenges that come with its growing economy.
“The Philippines’ growth has been surprising economists. Our […]
