Le Bourget, Paris
30 November 2015

President Benigno S. Aquino III presided over the Climate Vulnerable Forum (CVF) High Level Event and urged world leaders of 20 developing countries to submit proposals for more climate financing for the vulnerable countries and to support the Manila-Paris Declaration.

“Our collective security depends on our ability to act. We must therefore move beyond recrimination, learn from the past, and work hand in hand to safeguard the welfare of our citizens and of the many generations to come. In this effort, no one is exempt; all must contribute,” the President said.

Under the Manila-Paris Declaration, the CVF adopts the following:

• Coalition of vulnerable country leaders commit to upscaled national climate action to trigger greater ambition at Paris
• Strongest ever call from UN member states for zero emissions by mid-century 100% renewable energy decarbonization by 2050
• Forum’s Vulnerable Twenty (V20) Group sets target of $20 billion new investment in climate action by 2020, including with focus on regional, domestic and private sector mobilization
• Concerted leadership drive launched in Paris to secure 1.5° Celsius: lives, rights and prosperity of billions at stake
• Expanded Forum to found institutions funding South funding mechanisms and collaborative Road Map
• Intrinsic link between ambition, adaptation and loss and damages highlighted, imperative of confirmation of a loss and damages mechanism in agreement and support for adapt action in Intended Nationally Determined contributions (INDC)

Founded in 2009, the CVF is formed by a body of countries highly vulnerable to the effects of climate change. This year marks its third High-Level meeting and its culmination of nearly two years of expert, diplomatic and senior official consultations, including five regional meetings that took place on 9-11 November 2015 with a global preparatory meeting in Manila, Philippines that issued The Manila Communiqué.

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