France has provided the Philippines nearly P9 billion (150 million euros) as policy-based loan assistance for the country’s climate actions and green recovery from Covid-19.
France has provided the Philippines nearly P9 billion as policy-based loan assistance for the country’s climate actions and green recovery from Covid-19.
”They held a symbolic exchange of documents this morning to officially communicate about it,” the communication office of the French Embassy in Manila said.France, through its public financial institution the French Development Agency , mobilized 150 million euros to complement the 250 million US dollars loaned by the Asian Development Bank .
”France remains more than ever engaged in a race against time for the preservation of our planet, andthe fight against the climate crisis that becomes a concrete and devastating reality in the Philippines,” Boccoz said in a statement.
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