The Philippines' NAP sets the direction for the country's adaptation priorities and identifies opportunities to mobilise investment towards these. Through British Investment Partnerships, the UK has delivered £600,000 of technical assistance through Boston Consulting Group to support the Philippines in formulating the NAP.
Welcoming the NAP, British Ambassador to the Philippines, Laure Beaufils, said:
I'm delighted that the UK has partnered with the Philippines to support the development of the country's first NAP. The NAP is an essential tool that enables the Philippines to set out key policies, actions, and targets that it will pursue to adapt to the unavoidable consequences of climate change. This document is also an important step in enabling the Philippines to attract and deploy both public and private finance that support adaptation priorities.
The NAP process has used cutting-edge climate analytics to estimate the future impacts and cost of climate change in the Philippines. In August 2023, the Department of Environment and Natural Resources and the Climate Change Commission, together with the UK, conducted a series of multi-stakeholder consultations for the NAP, attended by government and agencies, NGOs, CSOs, the private sector, and international development partners to gather inputs to inform sector-specific strategies.
The NAP provides a strong market signal for priority investment sectors in the coming years and offers a blueprint to guide the work of international partners operating in the Philippines.
The Philippines is one of the most climate vulnerable countries globally. The World Risk Index has identified it as the country facing the highest climate and disaster risk in the world. In response, the NAP identifies priority sectors including: agriculture and food security, water, health, ecosystems and biodiversity, land use and human settlements and displacements, livelihood and industries, and critical energy, transport and communication infrastructure. To ensure effective implementation, the NAP also outlines the key enablers, including governance, skills and capacity development, data and knowledge infrastructure, technology and innovation, adaptation financing, and stakeholder engagement.
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About British Investment Partnerships
- British Investment Partnerships brings together a range of financial instruments and expertise to help incentivise investment into developing countries. Our work through BIP represents the UK's contribution to the G7 Partnership for Global Infrastructure and Investment.
