In his capacity as the People’s Survival Fund (PSF) Board chair, Finance Secretary Carlos Dominguez signed on March 7, 2018 the financing agreements of four innovative climate change adaptation projects between the PSF Board and the beneficiary LGUs, which were represented by Mayors Salvacion Saloma Alarcon of Lanuza, Alfredo Coro II of Del Carmen, Aly Arquillano of San Francisco, and Victor Gerald Castañeda, who represented Mayor Eloy Eclar of Gerona.
The four projects covered by the financing agreements signed between the PSF Board and the beneficiary LGUs are the following:
1) the project on Disaster Risk Reduction and Management Response as an Adaptation Mechanism to Resiliency in Lanuza, Surigao del Sur with PSF funding of P39.08 million and LGU funding of P8.41 million;
2) the Siargao Climate Field School for Farmers and Fisherfolk in Del Carmen, Surigao del Norte (PSF funding, P80.7 million; LGU, P12.8 million);
3) Building Resilience through Community-Based Ecological Farming in San Francisco, Camotes Island in Cebu (PSF, P33.89 million; LGU, P2.17 million); and
4) Promoting Resiliency and a Climate-Informed Gerona in Gerona, Tarlac, (PSF, P38.1 million; LGU, P17.63 million).