In a statement yesterday, the multilateral lender said the policy-based loan for the Philippines' Climate Change Action Program (CCAP) Subprogram 2 will support the country's implementation of its nationally determined contribution (NDC) or commitment to reduce emissions to help advance global efforts to stabilize the world's climate under the Paris Agreement.
Agence Française de Développement is providing co-financing worth $278.3 million for the program, which aims to help accelerate reforms for climate-resilient and low-carbon agriculture, natural resources and environment, energy and transport.
Bu hikaye The Philippine Star dergisinin November 27, 2024 sayısından alınmıştır.
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Bu hikaye The Philippine Star dergisinin November 27, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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