THE People’s Survival Fund (PSF) Board has greenlit P127 million in funding for climate resilience projects in Iriga, Ormoc, Kidapawan, and Camarines Sur, the Department of Finance (DoF) said on Wednesday.

The funding, which was approved on March 31, will support a range of community-based projects, including ecosystem restoration, sustainable livelihoods, and disaster readiness programs.

In Ormoc City, a P42.35-million grant will finance the restoration of rivers and watersheds, and improvements in drainage systems, while supporting sustainable livelihoods for residents prone to floods and typhoons.

Meanwhile, funding worth P32.48 million will go toward restoring and strengthening the ecosystem services and watershed functions of Mt. Iriga.

“The project will establish demonstration farms for organic vegetable production, provide training to more than 2,000 farmers, and set up tree nurseries to support climate-resilient farming and sustainable livelihoods,” the DoF said.

A P27.74-million funding was also approved for the “Canopy ’25 Ecosystem Restoration Program and Installation of Early Warning Systems” project in Kidapawan City, which is eyed to address its vulnerability through reforestation and improved early warning systems.

The PSF set aside a P24.73-million grant for the implementation of the “Electronic System for Inter-Connected Transformative Information On-Demand (e-SITIO) Emergency Operations Center” project in the Municipality of Goa, Camarines Sur.

Established under Republic Act No. 10174, the PSF provides financing for climate adaptation programs and projects of local government units and accredited organizations.

To date, the PSF is supporting 28 projects with total financing commitments of P1.549 billion, covering both full projects and project development grants. — Justine Irish D. Tabile

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