ICSC: PSF selection should be transparent, fair, and equitable
QUEZON CITY, November 22, 2023 – The Board of the People’s Survival Fund (PSF), chaired by the Department of Finance (DOF), approved five climate change adaptation projects endorsed by the Climate Change Commission (CCC) last October 23, amounting to a total of PHP 540.3 million. In the 20th meeting of the PSF Board, the Development Bank of the Philippines (DBP) presented seven projects from the first batch of PSF proposals recommended for approval by the CCC. Among these proposals, five were approved – specifically Mountain Province; Maramag, Bukidnon; Catanauan, Quezon; Cabagan, Isabela; and Borongan, Eastern Samar – one was [...]
Gov’t, finance sector unite for more accessible climate finance for LGUs
PASAY CITY, 19 November 2019 -- Representatives from the Climate Change Commission (CCC), the finance sector, civil society, and local government units discussed here today how to make climate finance more accessible in the country as part of the week-long celebration of National Climate Change Consciousness Week.“Now more than ever, we need to ensure the mobilization of finance flows towards the adaptation needs of our most vulnerable communities,” said Secretary Emmanuel de Guzman as he opened the event organized by CCC in partnership with the Institute for Climate and Sustainable Cities (ICSC). “We need to do this faster, we need [...]
NGO hails Duterte admin approval of P192M for local climate action
PHOTO: Finance Secretary Carlos Dominguez signs local climate fund agreements with 4 LGUs on March 7. (c) AC Dimatatac/ICSC REACTIVE MANILA, March 7, 2018 – A Manila-based international climate policy group applauded the Duterte administration’s move granting close to P200 million in climate funds to four local governments. The approval is a response to communities grappling with food security and water scarcity in the face of climate change. Finance Secretary Carlos Dominguez, chair of the People’s Survival Fund board, today signed financial agreements worth a total of P191.70 million with the mayors of Del Carmen, Siargao Island, Surigao del [...]