DOF to secure $10M readiness support from green climate fund

PTVPhilippines
PTVPhilippines
  • 5 months ago
DOF to secure $10M readiness support from green climate fund
Transcript
00:00 The country is set to secure a $10 million grant to improve climate hazard readiness
00:05 following Department of Finance, or DOF's, hosting of Green Climate Funds, or GCF,
00:10 four-day mission to the Philippines. Finance Secretary Ralph Recto and GCF Director Herman
00:16 Velasquez discussed collaborative opportunities with a grant intended to boost climate-resilient
00:22 projects in various sectors. This grant complements ongoing GCF programs involving
00:27 collaboration with direct access entities like the Land Bank of the Philippines and
00:32 the Development Bank of the Philippines.

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