MANILA, Philippines – Albay Governor Joey Salceda has been elected as co-chair of the board of directors of the United Nations (UN) Green Climate Fund, the Department of Foreign Affairs (DFA) announced Friday.
The election of the new board was held during the UN body’s 5th meeting held in Paris on October 8-10, DFA added.
The Green Climate Fund, expected to be worth $100 billion by 2020, was established in 2010 by the UN Framework Convention on Climate Change and is intended to help developing countries curb the effects of climate change.
The Fund is governed and supervised by a 24-member board whose members come from developed and developing countries, according to the website of the Green Climate Fund.
Salceda will be the co-chairman of the board of directors along with Germany’s Manfred Konukiewitz. They will serve for a term of one year, DFA said.
“Governor Salceda aims to make the Fund work for developing countries, including Small Islands Developing States, Least Developed Countries, Africa, and highly vulnerable communities in countries like the Philippines, Indonesia, and Bangladesh,” it said.
“Salceda’s election is a strong expression of confidence in the Philippines and further raises the country’s profile in the international community,” DFA added.