The Loss and Damage Fund Board Act (Republic Act No. 12019).
Country
Type of law
Legislation
Abstract
This Act is enacted outlining that the State adopts a whole-of-government approach to enhance climate and disaster risk resilience by creating effective policy frameworks and mobilizing innovative climate financing to address loss and damage. To facilitate access to critical climate finance for sustainable economic growth, the State supports establishing the governing Board of the Fund in the Philippines and acknowledges the need to grant it juridical personality and legal capacity. The text consists of 7 Articles.
Attached files
Web site
Long title of text
An Act granting juridical personality and legal capacity to the board of the fund for responding to loss and damage due to climate change.
Date of text
Entry into force notes
This Act shall take effect upon publication in the Official Gazette or in a newspaper of general circulation.
Repealed
No
Source language
English
Legislation Amendment
No