MANILA, Philippines — House lawmakers filed a bill that seeks to establish a legal framework to address loss and damage from climate change impacts, and hold those responsible for driving the crisis accountable. “Without a legal framework to address loss and damage from climate change impacts, corporations will continue to defend and promote their unbridled burning of fossil fuels,” House Bill 9609 read. The collected penalty will be directed to the Climate Change Reparations Fund. Any real party in interest or survivors of climate change may seek redress for harm caused by non-compliance of business entities. Climate reparationsThe bill also aims to establish the Climate Change Reparations Fund for the financing of the claims approved by the Climate Change Reparations Board.

Source: Philippine Star November 24, 2023 00:52 UTC