The private sector plays a key role in strengthening the country’s climate resilience and sustainable development because of their vast resources and networks.
Climate Change Commission vice chairperson and executive director Secretary Robert E.A. Borje said in the recent State of Climate Change forum at the Makati Diamond Residences that accelerating climate action and resilience demands the strong participation of the private sector and international partners.
“Preventing losses and damages starts with turning our adaptation plans into tangible solutions, with the private sector stepping up as a driving force in building a climate-resilient future,” he said.
The CCC is leading efforts to localize the National Adaptation Plan (NAP) and update the country’s Nationally Determined Contributions (NDC) ― both key frameworks designed to strengthen the country’s climate resilience and sustainable development efforts.
San Miguel Corp. Foundation chair Cecile Ang echoed Borje’s observation.
“The private sector has the resources, expertise and networks to make a significant impact,” she said. “By investing in sustainable practices and supporting community resilience, businesses can help secure a safer, more sustainable future for everyone.”
The Philippine Disaster Resilience Foundation (PDRF), in partnership with the New Zealand Embassy, convened key stakeholders for the second State of Climate Change forum.
Supporting the event were the New Zealand Embassy, Aboitiz Foundation, Coca-Cola Philippines, First Philippine Holdings Corp. and San Miguel Corp.―all advocates of climate action and disaster resilience.
The forum also highlighted the growing partnership between the Philippines and New Zealand in tackling climate change. New Zealand Climate Change Ambassador Stuart Horne reaffirmed New Zealand’s commitment to supporting the Philippines in advancing climate solutions.
In November 2024, the Philippines and New Zealand signed a Joint Declaration on Climate Change Cooperation. The agreement outlines an 18-month plan to formalize a framework for deeper collaboration―with a focus on innovation, sustainable development, and economic growth.
“New Zealand is committed to working alongside the Philippines in building climate resilience,” said Horne. “Through cooperation and innovation, we can create solutions that not only protect communities but also drive economic growth and investment.”
The forum concluded with a renewed commitment from PDRF to continue working closely with the New Zealand Embassy, the Philippine government and the private sector to accelerate climate resilience initiatives.
“We’re grateful for the continued support of our partners,” said PDRF Chief Resilience Officer Guillermo M. Luz. “By working together, we can create lasting solutions that protect vulnerable communities, drive innovation, and secure a more sustainable future for the Philippines. CCC News