Treasury releases P147B to six LGUs' climate-adaptation initiatives

Nov 26, 2020 1:26 am

The Bureau of the Treasury (BTr) has released P147 billion to fund the climate-adaptation initiatives of six local government units (LGUs) charged under the People’s Survival Fund (PSF), according to the Department of Finance (DoF).

In a statement on Wednesday, the Finance department cited a report showing that the PSF had received 172 project proposals from 129 proponents in the country, amounting to P14.57 billion worth of climate adaptation initiatives since 2015.

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