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Consolidating Consensus, Advancing People’s Struggles and Building Alternatives
FDC insists on the human dimension of the debt problem, and leads the people in claiming...
FDC calls for the total revision of the Electric Power Industry Reform Act (EPIRA) otherwise known...
FDC’s Water Program works to strengthen resistance to water privatization policies....
FDC begins its perspective on climate finance with the principle of reparations for climate debt...
FDC aims to ensure a gendered perspective and understanding of the Coalition's Social Debt and...
QUEZON CITY, Philippines – The Freedom from Debt Coalition (FDC), a broad coalition of peoples movements, political blocs and NGOs, called on the Aquino administration to do more than its proposed Intended Nationally Determined Commitments (INDCs). As the Chairperson of the Climate Vulnerable Forum, the Philippines must be at the forefront in demanding global targets from developed countries, and not just voluntary INDCs.
The Philippine government just submitted its INDC to the United Nations Framework Convention on Climate Change (UNFCC) with the intent to undertake GHG (CO2e) carbon emissions reduction of about 70% by 2030 relative to its BAU scenario of 2000-2030. Reduction of CO2e emissions will come from energy, transport, waste, forestry and industry sectors. The mitigation contribution is conditioned on the extent of financial resources, including technology development & transfer, and capacity building, that will be made available to the Philippines.
Likewise, in signifying to unconditionally cut down 10% of its carbon emmissions but with pledges of 70% conditional mitigation efforts, PNoy should guarantee that the climate finance it is asking for in return for its commitments will not be misused.