ADB approves PH’s $303M loan for flood, climate change mitigation

Transcript

00:00 The Asian Development Bank or ADB has approved a

00:03 303 million dollar loan to mitigate the effects of climate change and reduce flooding in the country

00:09 ADB said integrated flood resilience and

00:12 Adaptation project phase one would be used to improve and create flood protection infrastructure in the Abra River Basin in northern

00:20 Luzon and Ranau and Tagum-Libuganon River areas in southern Mindanao

00:25 The multilateral lending institution added that such infrastructure will reduce the effects of climate change to the said areas

00:32 us.