THE ASIAN Development Bank (ADB) on June 21 said it approved a technical assistance grant for the Integrated Flood Risk Management Sector Project covering various river basins across the Philippines.
The grant involves a $1-million technical assistance grant, co-financed with another $300,000 grant from the Cooperation Fund for Project Preparation in the Greater Mekong Subregion and in Other Specific Asian Countries.
The project is designed to reduce the vulnerability of families located near six of the country’s flood-prone river basins in…
