SECTOR: Energy and Environment
SONA YEAR: 2022
Invest in S&T for weather forecasting
PROMISE STATUS - DATE: In progress as of 07/17/2023
- The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) is developing the Multi-hazard Impact-based Forecasting and Early Warning System for the Philippines, also known as the IBFPh Project.
- IBFPh aims to establish a nationwide system of “timely and actionable warning information” to reduce the risk of hazardous impacts of extreme weather events.
- The Green Climate Fund (GCF), a global organization supporting “climate-smart investment opportunities,” is backing the project with $10-million assistance. The Land Bank of the Philippines is also supporting the project.
- GCF approved the project in late 2019, and has been under implementation since December 2021.
- The project began in 2022 in vulnerable barangays in Tuguegarao City, Cagayan; Legazpi City, Albay; Palo, Leyte; and New Bataan, Davao de Oro. The target completion date is April 5, 2027.