Philippines Green Economy Transition Gets EUR60mn Boost From the EU

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  • 10 Aug 2023
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Philippines Green Economy Transition Gets EUR60mn Boost From the EU

The Philippines and the European Commission have agreed to support the country's green economy transition through the Green Economy Program in the Philippines (GEPP), with a EUR60mn grant. The program focuses on circular economy, renewable energy, and climate change mitigation. The Joint Declaration was signed by EU Ambassador Luc Veron and DENR Secretary Maria Antonia Yulo-Loyzaga. The Philippines is committed to securing internal government approvals to start implementing the program within the year.

Source: ESGNewsasia