Philippines, US sign P7.25-B deal for protection of environment

The Philippines and the United States have signed a new five-year bilateral assistance agreement worth P7.25 billion or $150 million to protect the Philippine environment.

In a statement, the US Embassy said through the new US Agency for International Development (USAID) and the National Economic Development Authority (NEDA agreement, the Philippines and US “deepen their commitment to protect the environment by promoting sustainable use of natural resources, expanding access to renewable energy and reducing risks from natural disasters.”

In partnership with local government units, USAID will implement projects to increase access to clean energy and water; improve natural resource management; and protect the Philippines’ landscapes, wildlife, and fisheries.

“This new agreement with NEDA, which includes partnerships with the Departments of Natural Resources, Energy, and Agriculture—Bureau of Fisheries and Aquatic Resources, marks a new era in our longstanding support to the Philippines. We will work together to address many environmental challenges,” USAID Philippines Mission Director Lawrence Hardy II said.

“Together, we will strengthen government and community efforts in responding to environmental challenges to achieve our shared vision for safer and more resilient Filipino communities. Our assistance will help protect the forests, fisheries, and water and energy resources for millions of Filipinos, increase livelihoods, and promote nature as an engine of sustainable growth,” he added.

The agreement is among the four new USAID-Government of Philippines Development Assistance Agreements. The other agreements involve the Department of Health, Department of Finance and the Department of Education. —LBG, GMA News