Philippines

Philippines is an archipelago comprising 7,107 islands, of which 1,000 are inhabitable. With a topography characterized by mountainous terrain bordered by narrow coastal plains, it is among the world’s most disaster-prone countries. Commonly occurring hazards include floods, droughts, typhoons, landslides and mudslides, earthquakes, and volcanic eruptions. Recent decades have witnessed an increase in damaging extreme events, such as heavy rainfall and tropical cyclone activity — a trend that is expected to continue under a changing climate.

POPULATION:

109.58 Million (2020)

CO₂ EMISSIONS PER CAPITA:

1.3 CO₂ metric tons (2018)

SOURCE:

World Bank

CIF’s investments in Philippines are through its Clean Technology Fund (CTF) and Pilot Program for Climate Resilience (PPCR). The country's $60-million CTF investment plan is aimed at demonstrating the market viability of low-carbon public transport solutions and encouraging private-sector participation in industrial energy efficiency and renewable energy, such as solar, wind, and biomass. Among its investments, CTF is supporting the deployment of 100,000 energy-efficient electric tricycles in Cebu City and Manila, and providing initial financing to establish rooftop solar-charging stations for the vehicles.

Philippines' development of a strategic program for climate resilience under PPCR is aimed at supporting the mainstreaming of climate change considerations in development planning and budgetary systems and integrating climate resilience objectives in coastal and water sector strategies.

Through the CIF-TAF, approximately $ 300,000 was programmed for technical assistance activities in 2021. The programs covered an array of activites to support green and climate-resilient recovery from Covid-19 by advancing the circular economy on marine plastics.

Through the recently-launched Accelerating Coal Transition (ACT) program, the Philippines has been chosen as one of the first 4 pilot countries selected, and can receive up to $ 500 milliion in financing for program implementation.

PHILIPPINES (ACT) INVESTMENT PLAN

STRATEGIC PROGRAM FOR CLIMATE RESILIENCE PHILIPPINES

CTF INVESTMENT PLAN FOR THE PHILIPPINES (REVISED)

NO. OF CIF-APPROVED PROJECTS

CIF APPROVED FUNDING

$36.72M

Expected Co-financing

$1.05B

Sources of Expected Co-financing

Government

17.81% (186.6M)

MDB

49.73% (521M)

Private Sector

25.3% (265M)

Bilaterals + Others

7.16% (75M)

Source	Data
Government	17.81% (186.6M)
MDB	49.73% (521M)
Private Sector	25.3% (265M)
Bilaterals + Others	7.16% (75M)

CIF Investments by Program

CTF

97% (35.72M)

PPCR

3% (1M)

Program	Data
CTF	97% (35.72M)
PPCR	3% (1M)

Data as of December 31, 2023

For latest MDB and Government Focal point, please contact CIF Secretariat @ cifsecretariat@cif.org

Country Snapshot

CTF

4415

COUNTRY MISSIONS

Joint Mission: June 29 - July 10, 2009
Notification

4416

INVESTMENT PLAN

Philippines - Investment Plan (Revised) | Proposed Decision
Endorsed by the Trust Fund Committee on August 3, 2012 (Decision)
Approval by mail: project preparation grant for Philippines Cebu Bus Rapid Transit (BRT) Demonstration Project - Decision
Preparation grant proposals
Approval by mail: project preparation grant for Philippines Cebu Bus Rapid Transit (BRT) Demonstration Project - letter from the government
Preparation grant proposals
Approval by mail: project preparation grant for Philippines Cebu Bus Rapid Transit (BRT) Demonstration Project - ppg
Preparation grant proposals
Approval by mail: project preparation grant for Philippines Cebu Bus Rapid Transit (BRT) Demonstration Project - tor
Preparation grant proposals
Approval by mail: Project Preparation Grant for Philippines Renewable Energy Development | Energy Efficiency
Approval Preparation grant proposals
Approval by mail: Project Preparation Grant for Philippines Renewable Energy Development Letter from the Government | Renewable Energy
Approval Preparation grant proposals
Approval by mail: Project Preparation Grant for Philippines Renewable Energy Development Project Preparation Grant | Renewable Energy
Approval Preparation grant proposals