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MANILA — The Asian Development Bank (ADB) has approved a $303 million loan to reduce flood and climate risks and protect people and livelihoods in three major river basins in the Philippines, one of the most vulnerable countries to the effects of cli
The loan will be used to restore and reconnect river channels as well as reinforce riverbanks in parts of Luzon and Mindanao
THE Asian Development Bank (ADB) said Wednesday it has approved a $303-million loan for an infrastructure project that is expected to reduce flood and climate risks and protect people and livelihoods in three major river basins in the Philippines. In a statement on Wednesday, ADB said Phase 1 of the…
THE Asian Development Bank (ADB) has approved a $303-million loan to reduce flood and climate risks in the disaster-prone Philippines.