THE European Union (EU) has pledged around €466 million (P2.7 billion) to help the Philippines drastically lower its plastic wastes and switch to renewable energy. This was announced by European Commission president Ursula von de Leyen during her recent visit to Manila. One of the possible projects under this EU…
THE European Union has pledged around €466 million to help the Philippines drastically lower its plastic wastes and switch to renewable energy.
The EU’s 27 member-countries, as well as individual governments of France, Spain, Germany, Finland, Austria, the Netherlands and Sweden, will form part of the “Team Europe Initiative on Green Economy,” which will roll-out this major outlay. The EU Commission official added that it is not only good for the climate, but “it’s also homegrown. So Global Gateway seeks to create good jobs right here, because this also strengthens our supply chains.”
“[This] will help to develop a circular economy policy; in particular, tackling plastic waste, to complement the national strategy to combat marine litter,” it said.
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