DENR mobilizing $278 M foreign-funded projects

The Department of Environment and Natural Resources (DENR) is mobilizing over $278 million worth of foreign-funded projects this year for biodiversity, climate change, and environment programs to strengthen environmental resiliency and sustainability in local government units (LGUS).

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During the recent High-level Discussion on the Philippines' National Adaptation Plan, Environment Secretary Maria Antonia Yulo Loyzaga stressed the need to secure foreign funding to bridge financial gaps for successful program implementation.

"Through strategic partnerships with multilateral and bilateral institutions, we can address environmental issues efficiently and effectively," she said.

Among the country's strategic partners include Japan, Australia, the US, South Korea, and Canada, among others.

Loyzaga said the agency is collaborating with development partners, including the Global Environment Facility (GEF), United Nations Industrial Development Organization (UNIDO), and the European Union (EU) to implement a circular economy approach with the Circular Solutions to Plastic Pollution Integrated Program.