President Aquino has signed a law creating a P1-billion (about $24 million) The People’s Survival Fund (PSF) to combat the effects of climate change, Climate Change Commission deputy head Mary Anne Lucille Sering said yesterday.
The law is meant to fund climate-adaptation projects in a country battered by about 20 typhoons a year that cause large-scale deaths and damage, Sering added.
Philippine officials as well as international experts have said the growing intensity of the annual typhoons were a result of climate change.
“Now, we have the means to make our communities safer against the intensifying effects of climate change,” Sering said in a statement.
The law, signed Friday, would use the survival fund to bankroll projects in water-resource management and boost forecasting and early warning systems for climate-related hazards, she said.
It would also be used to guarantee risk insurance for farmers in case of crop damage, Sering added.
The measure aimed to make villages and communities “crisis-proof.”
The PSF centralizes funds from both the government and the private sector and directs them to where need is paramount. It also keeps politicians away from it.
Sering said the PSF may be augmented by donations, endowments, grants and contributions. “Now, we have the means to make our communities safer against the intensifying effects of climate change,” she added.
The PSF was pursuant to Republic Act 9729 or the Climate Change Act of 2009.
“We already have identified our strategic priorities in accordance with the national framework and what we have to d now is to ensure that the local actions or programs actually fit in,” Sering said. –Fernan J. Angeles with AFP
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
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Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
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