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Losing more than P300 billion from natural disasters and calamities every year, the Philippines is at the forefront of a new global cooperation seeking to reduce financial vulnerabilities to natural catastrophes.

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The Philippines will lead 19 other countries in the establishment of a group that will tackle how to cope with natural disasters and calamities by mobilizing funds toward climate change mitigation and adaptation.

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COSTA RICA ACTION PLAN

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Losing more than P300 billion from natural disasters and calamities every year, the Philippines is at the forefront of a new global cooperation seeking to reduce financial vulnerabilities to natural catastrophes.

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Philippines losing P300 B to disasters yearly

By Prinz Magtulis | October 4, 2015 - 10:00am

Losing more than P300 billion from natural disasters and calamities every year, the Philippines is at the forefront of a new...

Headlines

Philippines leads group mobilizing fund to counter global climate change

September 24, 2015 - 10:00am

The Philippines will lead 19 other countries in the establishment of a group that will tackle how to cope with natural disasters...

Business