28 OCTOBER 2015
The FINANCIAL -- The Asian Development Bank (ADB) is providing a $24.25 million grant to help Papua New Guinea (PNG) build up its resilience and responsiveness to the impacts of climate change.
The project grant, from ADB’s Strategic Climate Fund, will help PNG’s Strategic Program for Climate Resilience integrate climate risk and resilience planning into development policies. It will also help PNG raise its development planning capacity, allowing the government to scale up investments in climate resilience.
Source: The Financial