The United Nations (UN) delegates will be concluding the 27th Conference of Parties (COP27) in Sharm-el Sheikh, Egypt. COP27 is focused on the implementation of each country’s nationally determined contribution (NDC) towards the prevention of global warming, particularly to keep it below 2 degrees Celsius and possibly limit it to only 1.5 degrees Celsius above pre-industrial levels by 2030.
The Philippines has committed to reduce greenhouse gas emissions (GHG) by 75% by 2030. As of 2020, its GHG emissions contributed 0.39% to the global total. It is considered a low emitter compared to other nations, yet it ranks among the most vulnerable to climate-related disasters.
Neoliberal economic policy-making that has always favored profiteering by foreign investors and big local business has in the last 40 years led the country to a high degree of vulnerability. This has resulted in the irrevocable plunder of the environment and the impoverishment of Filipinos.