USD 303 Million ADB Loan to Boost Flood Resilience in 3 Philippine River Basins

October 2023

The Asian Development Bank (ADB) has approved a USD 303 million loan to reduce flood and climate risks and protect people and livelihoods in three major river basins in the Philippines, one of the most vulnerable countries impacted by climate change and natural disasters.

The Integrated Flood Resilience and Adaptation Project – Phase 1 will upgrade and construct flood protection infrastructure in the Abra river basin in the country’s northern Luzon region and the Ranao/Agus and Tagum–Libuganon river basins in the southern Mindanao region. The infrastructure takes into account future climate change impacts and incorporates nature-based solutions such as restoring and reconnecting old river channels for natural drainage and reinforcing riverbanks with mangroves and vegetation planting.

The project will help strengthen the Philippines’ capacity to perform flood risk management planning by providing training for government officials, installing equipment for weather and river flow monitoring and early flood warning, and introducing an asset management information system.

The project aims to boost community-based flood risk management by supporting 22 local government units and about 150 barangays in updating their climate and disaster risk assessments and integrating flood risk management in local development plans. Training activities will be conducted to build the capacity of communities in climate change adaptation and managing flood risks. The project will include civil society organizations and beneficiary groups in its planning and implementation.

The project is aligned with the Philippine government’s climate priorities under its National Climate Change Action Plan, 2011–2028, and the Philippine Development Plan, 2023–2028. It is complemented by policy reforms being pursued under ADB’s Climate Change Action Program, which is the bank’s first climate action policy-based loan, and the Competitive and Inclusive Agriculture Development Program, which aims to lift agriculture resilience and productivity and enhance food security.

(Source: Asian Development Bank)

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