MANILA The Asian Development Bank (ADB) has approved a $250 million policy-based loan to support the Philippines in its climate change adaptation and mitigation efforts.The Climate Change Action Program will help the Philippines deliver its nationa
The Asian Development Bank (ADB) announced on Tuesday, May 31, another loan to the Philippines, this time to fund the government’s climate change adaptation and mitigation programs. In a statement, the Manila-based multilateral institution said a $250 million policy-based loan, equivalent to rou
Manila-based multilateral lender Asian Development Bank (ADB) on Tuesday said it has approved a $250 million policy-based loan aimed at supporting the Philippine government’s climate change adaptation and mitigation efforts.