Filipino climate advocacy groups led by the Asian Peoples’ Movement on Debt and Development (APMDD) staged protest outside a hotel in Pasay City on Tuesday, October 7, 2025, as the Fund for Responding to Loss and Damage (FRLD) Board meets.
“In the Philippines and throughout Asia, climate disasters have resulted in massive losses of livelihoods, infrastructure, crops, and even lives. Both economic and non-economic losses are increasing dramatically with each passing year, but governments of the Global North are not meeting their responsibility to mobilize adequate resources,” said climate activist and APMDD coordinator Lidy Nacpil.
“They are extremely reluctant to provide the funds they owe to the South. Climate impacts are estimated to cost at least $894 billion annually by 2030, a conservative figure that doesn’t account for lost lives, cultures, and ecosystems. In truth, rich countries should be paying a total of at least $1 trillion per year to the FRLD. Yet governments have delivered only $360 million, which is nowhere near enough,” she added.
The group called on Global North governments to increase funding for climate loss and damage and to stop financing what they described as the Gaza genocide.
Photos by Mata: Asia Press Photo
