Climate-tied damage hits ₧506.1 billion–DOF | Bernadette D. Nicolas
CLIMATE-RELATED hazards resulted in an estimated P506.1 billion (about $10 billion) in losses and damage for the Philippines in over a decade, the Department of Finance (DOF) said. Based on DOF data, this already makes up 98.2 percent of the country’s total estimated losses and damage of P515.1 billion (around…