Activists against climate change join the annual "Tour of the Fireflies" on Sunday in Marikina City to support the event and to press their call for industrialized countries to reduce their emissions of green house gasses (GHG).
MANILA, Philippines – As the first female chief of the International Monetary Fund (IMF) visited the country for the first time and met with Pres. Benigno S. Aquino III Friday morning, debt watchdog Freedom from Debt Coalition staged a protest near the Malacañan Palace, in solidarity with the peoples of the Eurozone.
"For FDC, the IMF is dead, a walking dead," said the group's president, Ricardo Reyes. "The sooner we bury this economic zombie, the better for the economies and the eoples of the world."
The Freedom from Debt Coalition (FDC) joins the growing public clamor for the government to take decisive action on the passage of the Freedom of Information (FOI) Bill in the 15th Congress. FDC believes that an FOI Law is a key to freedom from debt and to economic and social justice.
The recent decision of the Supreme Court (SC) allowing the sale of the 246-megawatt Angat hydroelectric power plant (HEPP) in Norzagaray, Bulacan to a Korean government-owned company has dealt a triple whammy effect on Philippine sovereignty, public control over public resources and human right to water.
In its October 9, 2012 decision, the Supreme Court declared as valid and legal the bidding conducted and the Notice of Award issued by Power Sector Assets and Liabilities Management (PSALM) Corp. in favor of the winning bidder, foreign-owned Korea Water Resources Corporation (K-Water).
As one of the countries most vulnerable to global warming, the Philippines must speak with the loudest voice in demanding reparations from developed nations that contribute most to climate change, according to an activist group.
The Philippines, according to Freedom from Debt Coalition (FDC), "should be the noisiest" because it is a "frontline country" whose exposure to extreme weather events wrought by climate change is inversely proportional to its share of greenhouse gas emissions.