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MANILA - The European Union and the Philippine government launched on Wednesday the Bangsamoro Agri-Enterprise Program (BAEP) and the National Copernicus Capacity Support Action Program for the Philippines (CopPhil). BAEP is a new five-year program to boost local agricultural production and improve the investment climate in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), while CopPhil is a nationwide three-year program to reduce vulnerability from natural disasters. The two financing agreements signed between the EU and the Philippines will focus on disaster preparedness and poverty reduction; and the cycle of vulnerability linking the two. Both programs will begin in 2022, working closely with the partners from the involved governmental bodies. Although each program will work in separate areas, both contribute to the EU and the Philippines' commitment to the achievement of Sustainable Development Goals to support peace, development, and prosperity, reduce inequality a ....

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