WB extends $57-M aid to DENR by another year

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MANILA, Philippines—The World Bank has extended for another year its funding of a 5-year program worth $57 million that supports projects of the Department of Environment and Natural Resources (DENR) from wildlife management to the improvement of air quality and the rehabilitation of Manila Bay.

The DENR said the international lender indicated its intent to continue financing the National Program Support for the Environment and Natural Resources Management Project (NPS-ENRMP), prompted by the department’s “substantial improvement” in performance.

“The funding extension for the NPS-ENRMP will provide impetus in the completion of the programs, which have a long-term and profound impact on the lives of all Filipinos,” Environment Secretary Ramon Paje said in a statement.

The project costs $57 million, $50 million of which comes from a World Bank loan, and $7 million from a grant by the Global Environment Facility.

The NPS-ENRMP began implementation in 2007 to strengthen the efficiency of the DENR in allocating its limited budget while improving the effectiveness of the delivery of its core functions and services.

Among the projects enrolled for funding under the NPS-ENRMP are forest boundary delineation, cadastral surveys and the National Greening Program.

Other activities include the rehabilitation of Manila Bay, biodiversity conservation program, soil conservation and watershed management, protected areas and wildlife management, assessment and rehabilitation of abandoned and inactive mine sites, air and water quality improvement, and solid waste management.

At the end of November, the DENR’s “physical accomplishment” was evaluated to have jumped to 88 percent from 55 percent recorded in 2011, the department said, quoting from a World Bank report.

Fund disbursement also increased by 60 percent, indicating a “strategic decision to target big ticket items,” it said.

Paje welcomed the extension of the World Bank funding and said the agency’s focus on the priority programs of the Aquino administration was a key factor in its high accomplishment rating.

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  • joboni96

    kolonisadong utak na
    tangatanga pa writer yap na ito

    ‘$50 million of which comes from a World Bank loan’

    utang yan boy
    babayaran ng mga pilipino yan

    pati mga highly paid foreign consultants
    pati imported materials equipment
    etc

    hindi tulong ng world bank yan

    kikita world bank dyan

    this is how pilipinos are brainwashed
    by the media including inquirer

    aybobo

    • kanoy

       only Filipinos who dropped out, or bought their grades or simply never finished school are brainwashed by this attempt at covering up the fine print others know this does nothing but extend the inevitable pay this loan as agreed….plus interest

      • joboni96

        mga highly miseducated by the
        remnants of the imperialist educational system
        ang mga brainwashed kolonisadong utak
        ang magpapaniwala dyan

        those you mentioned
        will see through the cover up
        with their unspoilt native intelligence

        mali ka na naman
        mag aral ka pa sa pilipinas

      • kanoy

         you are still making every effort to post nonsense in hopes to avoid explaining to us what these strange words ”imperialist” and ”genocide” mean, explain so we can understand

      • joboni96

        teach yourself boy

      • kanoy

         MORE nonsense in hopes to avoid explaining to us what these strange words
        ”imperialist” and ”genocide” mean, explain so we can understand

      • beerhunters

        nothing is for free

      • kanoy

         wrong…..here is some free advise…don’t chew used gum found under a school desk

    • beerhunters

      nothing is for free

      • joboni96

        tama ka dyan

        huwag ka nga lang bumili
        ng di mo kailangan

        o

        magagawa sa ibang
        mas pakina pakinabang na paraan

        tagay na

  • etomacq

    “Paje welcomed the extension of the World Bank funding and said the agency’s focus on the priority programs of the Aquino administration was a key factor in its high accomplishment rating.”
    Ano bang rating ang pinagmamalaki ni Paje? Ang gawa gawa nilang rating? 

    Sangkatutak ang flash flood sa Pilipinas ng dahil sa illegal logging!Hay naku. Naka abang na naman ang mga buwaya sa pondo na yan!

  • joboni96

    cia kanoy
    tamad mo

    1 gigabyte + yan sa google

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