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The Asian Development Bank (ADB) announced on Tuesday, May 31, another loan to the Philippines, this time to fund the government’s climate change adaptation and mitigation programs. In a statement, the Manila-based multilateral institution said a $250 million policy-based loan, equivalent to rou
ADB has approved a $250 million policy-based loan to support the Philippines in its climate change adaptation and mitigation efforts.
Manila-based multilateral lender Asian Development Bank (ADB) on Tuesday said it has approved a $250 million policy-based loan aimed at supporting the Philippine government’s climate change adaptation and mitigation efforts.