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Pag-IBIG launches first Barkada Franchise Financing project in Palawan

Pag-IBIG Fund has launched its first project in Palawan...

Palawan board seeks trauma support for survivors of MV June Aster fire

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LGUs urged to tap into climate change funding

Board Member Ryan Maminta has urged local government units to pitch for climate change-related projects that may be funded by Climate Change Commission through its People’s Survival Fund (PSF).

Maminta observed that many local government units are still unaware of funding opportunities that the PSF funding facility can provide.

“Ang pondo po na ito ay hindi nauubos pagtapos ng taon sapagkat kulang ang mga isinusumiteng mga proposals mula sa mga local na pamahalaan na kung saan may kinalaman doon kung papaano makukuha ang kaukulang pondo,” he said.

He noted that the PSF is facility put up by the government through Republic Act 10174 or the climate change act of 2009 and guarantees an annual P1 billion fund.

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Activities supported through the fund includes adaptation activities in water resources management, land management, agriculture and fisheries, health, and infrastructure development among others.

Under section 19, the amount should be appropriated under the General Appropriation Act (GAA) as opening balance of PSF.

Provided that the balance may be increased as the need increases which is also subject to review and evaluation of the office of the President and Department of Budget and Management (DBM).

“Sana ay makatulong ito for enlightenment ng ating mga LGUs para makahingi sila ng ayuda sa mga ating climate commission under office of the president,” Maminta said.

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Aira Genesa Magdayao
Aira Genesa Magdayao
is the chief of correspondents of Palawan News. She covers defense, politics, tourism, health, and sports stories. She loves to travel and explore different foods.
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