THE raging conflict between Russia and Ukraine would likely affect ongoing climate change mitigation and adaptation efforts on a global scale, an official of the Department of Environment and Natural Resources said.
He said the direct impact of the ongoing hostilities in the region will have a ripple effect—affecting national securities, economies, and climate actions. While the oil price hikes and the economic slowdown will be beneficial for the climate as economic slowdowns will naturally reduce greenhouse gas emissions and benefit air quality as around 80 percent of air pollution in Metro Manila comes from motor vehicles that regularly hit the roads, the flow of financial resources for climate action may also slow down, or worse, stop.
Source: Energy Industry News (energyindustrynews.net)
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