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The Asian Development Bank will lend $4.3 billion annually over the next three years to the Philippines to support infrastructure, climate change and agriculture projects.
The Marcos administration will continue pursuing a whole-of-nation approach in mitigating climate risks, committing the Philippines to be at the forefront of global climate action, the Department of Finance (DOF) said. At a recent G20 high-level breakfast discussion on climate change mitigation,
Finance Secretary Benjamin Diokno MANILA - Finance Secretary Benjamin Diokno said President Ferdinand "Bongbong" Marcos Jr. will continue pursuing a whole-of-nation approach in mitigating climate risks, as the Philippines commits to be at the forefront of global climate action. "The Philippines is one of the countries at highest risk for climate-related disasters. We are thus determined to be a world leader in this fight against the crisis," Diokno said at the G20 high-level breakfast discussion on climate change mitigation held last Saturday. The G20 or Group of Twenty is ...
MANILA — The Asian Development Bank (ADB) has approved a $250 million policy-based loan to support the Philippines in its climate change adaptation and mitigation efforts.The Climate Change Action Program will help the Philippines deliver its nationa
The Asian Development Bank has approved a $250 million policy loan for the Philippines’ climate change adaptation and mitigation efforts.