Monday, 21 July 2025
5 days ago
PH pushes climate finance reforms at 42nd Green Climate Fund meeting
The Philippines has advanced critical reforms to accelerate climate finance access for developing nations at the 42nd Board Meeting of the Green Climate Fund (GCF) held from June 30 to July 3, 2025 in Port Moresby, Papua New Guinea.
2 Jun 2025
6:28PM
PH secures P15.7-B concessional climate financing from France
The Philippines has obtained €250 million (about P15.79 billion) in concessional financing from the French government through the Agence Française de Développement (AFD), according to Finance Secretary Ralph G. Recto.
27 Jan 2025
10:49AM
BPI sets record as first PH bank to win IFC climate action recognition
BPI received the distinction of achieving the “Highest Estimated Greenhouse Gas Emissions Mitigated” in the East Asia and Pacific region, reducing an impressive 1,754 thousand tons of carbon dioxide equivalent per year.
26 Nov 2024
3:52PM
Philippines secures $500-M ADB loan for climate action initiatives
The Asian Development Bank (ADB) has approved a $500-million policy-based loan to strengthen the Philippines’ climate change mitigation and adaptation efforts.
13 Nov 2024
9:12AM
Multilateral development banks commit to boost climate finance at COP29
MDBs estimated that by 2030, annual climate financing for low- and middle-income nations would reach $120 billion, while that for high-income countries will reach $50 billion yearly.
Advertisement
