PH needs ₱392B to carry out biodiversity action plan - UNDP
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The United Nations Development Program (UNDP) said the government needs between ₱336 billion and ₱392 billion to implement the Philippine Biodiversity Strategic Action Plan (PBSAP). Citing UNDP environmental and business specialist Lorenzo Cordova, the Philippine Council for Agriculture, Aquatic and Natural Resources Research and Development (PCAARRD), noted that "the [Philippine] government will need a funding of ₱336 billion to ₱392 billion with an annual budget requirement of ₱34 billion" for the PBSAP. Lorenzo said one-half of the amount will go to forestry and terrestrial ecosystems, 20 percent for inland and wetlands, while the rest of the budget will go to the coastal and marine and urban ecosystem.
Usman, E. (2015, March 19). PH needs ₱392B to carry out biodiversity action plan - UNDP. Manila Bulletin, p. B9.
Biodiversity; Governments; Financing; Environmental restoration; Ecosystems; Environment management; United Nations Development Program (UNDP); Philippine Council for Agriculture, Aquatic and Natural Resources Research and Development (PCAARRD); Department of Environment and Natural Resources (DENR); Department of Agriculture (DA); United Nations (UN); Cordova, Lorenzo
- Manila Bulletin