Daily TribuneThe People’s Survival Fund is a dedicated national financing mechanism that supports adaptation projects beyond the regular budget capacities of LGUs.
A WATER reservoir facility in Cabagan, Isabela has been financed through the People’s Survival Fund.
Photograph courtesy of CCC
The People’s Survival Fund (PSF) is already funding several climate adaptation projects to protect vulnerable communities from natural disasters such as drought and flooding.
Ormoc City has been granted by the PSF Board, which manages and disburses the fund, more than P42 million for restoring rivers and improving drainage systems to mitigate flooding. Iriga City is getting over P32 million to enhance the watershed functions of Mt. Iriga and safeguard communities. PSF will also fund Kidapawan City’s project to support reforestation and the installation of early warning systems.
The Climate Change Commission (CCC) office, which serves as the secretariat of the PSF Board, has called on local government units (LGUs) to apply for similar funding by submitting project brief or concept until 29 May.
The PSF Board will invite proponents of considered briefs or concepts to submit a full proposal or a non-selection letter
The PSF is a dedicated national financing mechanism that supports adaptation projects beyond the regular budget capacities of LGUs, enabling them to address climate risks through targeted and responsive interventions. It provides funding for initiatives that respond to the impacts of climate change, including extreme rainfall, flooding, drought, and sea level rise.
The CCC emphasized the importance of maximizing available climate finance mechanisms to enable locally driven, science-based, and community-centered solutions that directly benefit at-risk populations.
The PSF is governed by a multi-sectoral board chaired by the Department of Finance (DoF), with the CCC as part of the board providing technical guidance and support to project proponents throughout the application process.
“The People’s Survival Fund is a critical tool to translate climate policies into concrete action on the ground. We encourage our local governments and partners to develop proposals that respond to their specific climate risks and protect their communities,” said Robert E. A. Borje, vice chairperson and executive director of the CCC.
Through the PSF, eligible proponents may access funding for adaptation activities in key sectors, including water resources management, land management, agriculture and fisheries, health, infrastructure development, and the protection of natural and coastal ecosystems.
The CCC also continues to assist LGUs in strengthening their capacity to develop bankable proposals aligned with national climate priorities.
This underscores that expanding access to climate finance remains essential to building a climate-resilient Philippines, particularly for frontline and at-risk communities. This is in line with the vision of Ferdinand R. Marcos Jr. to strengthen climate resilience and sustainable development.
Interested applicants may submit their proposals to the PSF Board Secretariat or visit the official Facebook page of the DoF for more information. (https://www.facebook.com/share/p/1Lypuxd7z5/).
