The Philippines will receive a P111.5 million grant from the United States and South Korea to improve its climate change and natural disaster resiliency programs.
In a statement on Wednesday, the US Embassy in the Philippines said the grant deal was signed between the US Agency for International Development and the Korea International Cooperation Agency on March 22.The KOICA will be supporting the implementation of the USAID’s five-year, P836.5 million Climate Resilient Cities Project that would assist partner cities of Batangas, Borongan, Cotabato, Iloilo, Legazpi, and Zamboanga.
“As the United States and Korea are among the largest bilateral donors in the Philippines, this momentous partnership of USAID, KOICA, and the Philippine government will bring together our accumulated experience and technical expertise to build climate change and disaster resilience in the country,” KOICA Country Director Eunsub Kim said, as quoted by the embassy.
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