People's Survival Fund
The People’s Survival Fund (PSF) was created by Republic Act 10174 as an annual fund intended for local government units and accredited local/community organizations to implement climate change adaptation projects that will better equip vulnerable communities to deal with the impacts of climate change. It supplements the annual appropriations allocated by relevant government agencies and local government units for climate-change-related programs and projects.
The Philippine government programmed at least PhP 1 billion into the PSF which will be sourced from the national budget. The allocation may be augmented by mobilizing funding sources such as counterpart local government units, the private sector, and individuals who support adaptation initiatives.
The Philippine government programmed at least PhP 1 billion into the PSF which will be sourced from the national budget. The allocation may be augmented by mobilizing funding sources such as counterpart local government units, the private sector, and individuals who support adaptation initiatives.
© People’s Survival Fund