Climate Change Action Program, Subprogram 1: Report and Recommendation of the President

Reports and Recommendations of the President | May 2022
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The program constitutes the first dedicated climate change policy-based loan undertaken by the Asian Development Bank (ADB) and addresses climate change as its core objective. It will support the Philippines to implement its national climate policies, including its Nationally Determined Contribution (NDC), which aims to peak greenhouse gas (GHG) emissions by 2030, and scale up climate adaptation, mitigation, and disaster resilience. 

The report and recommendation of the President to the Board of Directors (RRP) document describes the terms and conditions of a project for consideration and approval by ADB's Board of Directors.

This document dated May 2022 is provided for the ADB project 55268-001 in the Philippines.

Linked Documents
  1. Loan Agreement
  2. Sector Assessment (Summary): Climate Change
  3. Contribution to Strategy 2030 Operational Priorities
  4. Development Coordination
  5. International Monetary Fund Assessment Letter
  6. Summary Poverty Reduction and Social Strategy
  7. Program Impact Assessment
  8. Risk Assessment and Risk Management Plan
  9. List of Ineligible Items
  10. Management-Approved Concept Paper: Proposed Programmatic Approach and Policy-Based Loan for Subprogram 1 to the Republic of the Philippines for the Climate Change Policy Program
  11. Matrix of Potential Environmental and Social Impacts and Measures
  12. Climate Change Assessment
  13. Asian Development Bank Contribution
  14. Public Financial Management Assessment
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