CCC urges science-based action to avoid PHP1.2T annual losses by 2030

The Climate Change Commission (CCC) emphasized the importance of science-based research and development in promoting climate resilience during the 8th National Research and Development Conference hosted by the Department of Science and Technology.

CCC Vice Chairperson Robert Borje warned that the country could face over PHP1.2 trillion in annual losses by 2030 if urgent, research-based action is not taken.

Borje highlighted two critical government frameworks: the National Adaptation Plan (NAP) and the Nationally Determined Contribution Implementation Plan (NDCIP), which aim to protect the economy from climate change effects.

He stressed the need for a transdisciplinary approach that integrates knowledge from various disciplines, such as civil engineers working alongside economists and data experts partnering with agricultural specialists.

Based on climate analytics, Borje warned of critical costs by 2030, including PHP300 billion in infrastructure damage, PHP400 billion in productivity losses due to extreme heat, and PHP528 billion in business interruptions.