FIRST PHILIPPINE HOLDINGS IS A CORPORATION THAT IS CONSTANTLY IN ACTION. WE’RE ALWAYS TRYING TO FIND WAYS TO DELIVER FOR OUR STAKEHOLDERS AND THE FILIPINO PEOPLE.
The recently concluded 22nd Conference of the Parties to the United Nations Framework Convention on Climate Change (COP22) held in Marrakech, Morocco brought together leaders from the private, public, and non-government sectors, journalists, and delegates from all over the world to sustain and build on the momentum gained by last year’s landmark COP21.
COP22 focused primarily on the implementation of the Paris Climate Change Agreement, negotiated during COP 21 and officially enforced just a few days before the 2016 conference began. The historical climate accord marked the first political consensus on curbing greenhouse gas emissions and attempting to limit the temperature rise caused by climate change.
Under the general theme “Accelerating Implementation of the Paris Agreement,” the conference’s official side events fell under three thematic sub-categories: “Enhancing Ambition,” “Promoting Implementation,” and “Providing Support to Developing Countries.”
The event took place from November 8-17, with each of the 8 days also focusing on a specific area: day 1 – Earth Information Day; day 2- Farmers’ Day; day 3 – Young and Future Generations Day; day 4 – the Business and Industry Day; day 5 – Education Day; day 6 – Gender Day; day 7 – Africa Day; and day 8 – Climate Justice Day.
The energy industry was an important area of discussion as well, with the conference hosting a series of events focused on making a case for renewable energy as the solution to climate change. Talks and workshops covered topics such as unlocking innovative climate finance and investments, solar energy, renewable energy storage, renewable energy for isolated communities, renewable energy as a business opportunity, renewables for emerging markets, and climate change and food security.
This year’s Marrakech climate conference signaled a turning point from negotiation to implementation of the Paris Climate Change Agreement. It also further developed the Paris rulebook, which outlines and details the basic obligations and procedures that fall under the scope of the agreement. The parties set 2018 as the deadline of the full implementation of the groundbreaking accord.