According to an APEC Policy Support Unit policy brief, expanding the Asia-Pacific Economic Cooperation (APEC)…
Leaders of APEC are urged by PBBM to strengthen climate change cooperation.
On Friday, President Ferdinand R. Marcos Jr. urged the leaders of the Asia-Pacific region to increase collaboration in order to combat the worst effects of climate change in the area.
The 21-member group must cooperate, according to Marcos, who spoke during the retreat session of the 29th Asia Pacific Economic Cooperation (APEC) Leaders’ Meeting in Bangkok, Thailand. “Increased interconnectedness and interdependence of peoples and economies brought about by globalization have led to the progressive world we live in today,” Marcos said.
According to Marcos, environmental repercussions of globalization have grown “more acute,” necessitating a “strong, rapid, and coordinated worldwide response.”
The greatest environmental difficulties the world has ever faced are still present, and we must all deal with the fact that the planet is still in danger, according to Marcos.
The destiny of the earth we live on and will leave to our future generations will largely depend on how economies respond, he continued.
Marcos stated that APEC leaders must cooperate in order to achieve “economic and social stability” that is consistent with the APEC Putrajaya Vision 2040 in order to maintain “inclusive and sustainable” growth amid the apparent global economic slowdown and the threat of recessions.
By 2040, the Asia-Pacific region is intended to be “open, dynamic, robust, and peaceful,” according to Marcos.
He placed the call while expressing the Philippines’ willingness to intensify its collaboration with the Asia-Pacific region in the fight against the climate issue.
The Philippines, one of the economies most at risk from the climate crisis, is committed to advancing these collaborative solutions, Marcos said, noting that the country has already started implementing a number of international climate agreements, including the Paris Agreement and the United Nations Framework on Climate Change.
Marcos emphasized that the Philippines has previously accepted a number of multilateral and bilateral environmental agreements.
Marcos stated that APEC member economies should step up efforts to combat the effects of various global concerns, such as the climate catastrophe, during the Asia-Pacific Economic Cooperation (APEC) CEO Summit on Thursday in Bangkok.
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