Asian Development Bank to finance Philippines' climate change ambitions


MANILA, May 31 (Xinhua): The Asian Development Bank (ADB) said Tuesday that it has approved a US$250 million policy-based loan to support the Philippines' climate change adaptation and mitigation efforts.

"We have a climate emergency, and all countries must come together and address the causes and adapt in a way that ensures food security, protects our biodiversity and improves the well-being of millions of vulnerable persons," ADB Vice-President Ahmed Saeed said in a statement.

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Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

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Philippines , Climate , Goals , Programmes , Support , ADB

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