Benise Balaoing

Mud and debris cover the Agoncillo-Laurel Road in a section of Barangay Subic Ilaya, Agoncillo, Batangas due to landslides during Severe Tropical Stom Kristine. Mark Demayo, ABS-CBN News

Article (news)

Landslides in Batangas

ABS-CBN News

<p>MANILA — The Philippines has secured a $6.78-million grant from the Green Climate Fund (GCF) to help the country attract more investments to boost climate resilience.</p><p>In a statement, the Department of Finance (DOF) said the grant will help the Philippines get more international funding for projects that enhance climate resilience, strengthen food and water security, support the transition to cleaner energy, and protect vulnerable communities.</p><p>The funding will also boost inter-agency coordination among key climate institutions and improve monitoring systems for key projects.</p><p>Finance Undersecretary Joven Balbosa said the DOF welcomes the GCF&#x27;s approval of the grant.</p><p>&quot;More than financial support, it is an investment in the Philippines’ ability to turn climate ambition into action and deliver lasting benefits for the Filipino people,” he said.</p><p>The DOF is the GCF&#x27;s national designated authority for the Philippines, which means it will lead efforts to get climate financing and ensure projects align with national priorities.</p><div><a href="https://www.abs-cbn.com/news/business/2026/6/30/world-bank-drops-climate-finance-targets-in-renewed-action-plan-1233" rel="noopener noreferrer" target="_blank">World Bank drops climate finance targets in renewed action plan</a></div><p>Earlier this month, President Ferdinand Marcos Jr. greenlit more projects to strengthen the country’s clean energy sector and <a href="https://www.abs-cbn.com/news/nation/2026/7/7/marcos-greenlights-new-initiatives-on-disaster-resilience-energy-ai-2037">enhance disaster resilience</a>. </p><div><a href="https://www.abs-cbn.com/news/business/2026/7/14/marcos-urges-more-renewables-as-he-inaugurates-mterra-solar-plant-1620" rel="noopener noreferrer" target="_blank">Marcos urges more investments in renewables as he inaugurates MTerra Solar plant</a></div><div><a href="https://www.abs-cbn.com/news/weather-traffic/2026/6/11/scientists-warn-of-record-heat-threats-to-climate-monitoring-0819" rel="noopener noreferrer" target="_blank">Scientists warn of record heat, threats to climate monitoring</a></div>

<p>The Philippines has secured a $6.78-million grant that will help the country get more investments to boost climate resilience.</p>

The Philippines has secured a $6.78-million grant that will help the country get more investments to boost climate resilience.

Philippines secures $6.78-million grant from Green Climate Fund

News

Entertainment

Lifestyle

Sports

Metro.Style

More

BINI

Sudoku

Word of the Day

Lotto

Horoscope

Business

Philippines secures $6.78-million grant from Green Climate Fund

Benise Balaoing,

ABS-CBN News

Published July 15, 2026 11:58 AM PHT

Read More:

climate change

climate financing

Green Climate Fund

renewable energy

ABS-CBN Newsletter

Your go-to source for the latest news, entertainment highlights, exclusive interviews, and updates on your favorite Kapamilya stars.

ABS-CBN Newsletter

Your go-to source for the latest news, entertainment highlights, exclusive interviews, and updates on your favorite Kapamilya stars.

Sign Up

I have read and agree to the Terms and Privacy Policy.

ABS-CBN is the leading media and entertainment company in the Philippines, offering quality content across TV, radio, digital, and film. Committed to public service and promoting Filipino values, ABS-CBN continues to inspire and connect audiences worldwide.

Corporate

Investors

Governance

International Distribution

Corporate

Governance

Investors

International Distribution

NPC Seal of Registration

Privacy Policy

AI Policy

Terms of Service

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.

NPC Seal of Registration

Privacy Policy

Terms of Service

AI Policy

Advertise with Us

© 2026 ABS-CBN Corporation. All Rights Reserved.