News

Philippines receives $5.3 bln climate finance commitment from Canada - Reuters

Reuters · last updated

Philippines receives $5.3 bln climate finance commitment from Canada | Reuters

Philippines receives $5.3 bln climate finance commitment from Canada

MANILA, Dec 6 (Reuters) - The Philippines and the United Nations Development Programme have secured Canada's commitment for $5.3 billion of climate finance, the president's office in Manila said on Wednesday.

The collaboration and finance commitment will run until 2026 and Canada will support the Philippines in promoting biodiversity conservation, climate change mitigation, adaptation, and resilience with consideration for gender equality, it said.

Reporting by Neil Jerome Morales; Editing by Martin Petty

Our Standards: The Thomson Reuters Trust Principles.

View full article

Related Knowledge Center: Climate legislation

State of Play

The federal government and states are in the process of implementing two laws — the Infrastructure Investment and Jobs Act and the Inflation Reduction Act — an investment of more than a trillion dollars to address climate change.

More information

here today, more tomorrow

We’ve launched briefing.center with a focus on the press and media.

And we’ve added Citizen Cartwright, a daily quick-read news summary by veteran Washington journalist Linda Cartwright. We’ve also created a new voting rights knowledge center for Citizen Cartwright subscribers. (You can sign up for a dedicated morning email at citizencartwright.com.)

You can sign up here for full access to press and media and Citizen Cartwright on briefing.center.

You can use briefing.center as the center of your information management, or just one of your tools. We’re happy to discuss your information needs.

Sign up