The prolonged rainy season in the Philippines poses an immense threat to the business and economic environment of the country. According to the Association of South-East Asian Nations (n.d.), the Philippines was revealed to be one of the six South-East Asian countries prone to climate change, with recurring typhoons and droughts resulting in economic loss, and shortages in equipment and manpower for industries such as energy consumption, infrastructure, agriculture, and healthcare.

These deficiencies further translate into the difficulty for businesses to fully compensate for production and sales lost and the aversion by foreign investors from the decline in appeal and profitability of the country. Both the private sector and government agencies hold responsibilities in paving the way for the business community to take part in mitigating the drastic effects of the climate crisis.

NordCham Philippines supports this event and invites you to the second series of Catching Up to Climate Change entitled "Catching Up To Climate Change: Economic Implications and Response" on April 23, 2021, from 2:00 pm to 3:35 pm via Zoom as our speakers will discuss the importance of integrating climate change in strategic business decisions and the present and future collaborative efforts between the Philippine government and the private sector. Ultimately, to discuss the possible effects of climate change on the business industry.

Indicative Program

2:00pm to 2:05pm

Opening Remarks

Mr. Florian Gottein / Dr. Amor Pendaliday ECCP Executive Director

2:05pm to 2:10pm

Introduction of Speakers

Mr. Antonio Peralta

ECCP Southern Mindanao Business Council

2:10 pm to 2:25pm

Initiatives to counter Climate Change

Secretary Emmanuel M. De Guzman (Invited)

Office of the Vice-Chairperson and Executive Director

Climate Change Commission (CCC)

2:25 pm to 2:40pm

Discussion on reducing the impacts of geological hazards

Dr. Alfredo Mahar Lagmay (confirmed)

Executive Director of the University of the Philippines Nationwide Operational Assessment of Hazards (UP-NOAH)

2:40 pm to 2:55pm

Climate Change Awareness in the business community

SM Cares Foundation (Invited)

2:55 pm to 3:10pm

Impact of climate change in Philippine Economy

Sec. Ramon M. Lopez Department of Trade and Industry

3:10 pm to 3:30pm

Open Forum

3:30pm to 3:3 pm

End of Program and Announcements

Participation Fee:

NordCham Member: FREE

Non-member: 1000PHP