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MANILA, Philippines -- President Benigno Aquino III has signed into law a measure that allows communities to undertake local initiatives to make themselves more resilient to calamities associated with climate change.
The law institutionalizes the People's Survival Fund, for which an initial P1 billion a year has been allotted, Climate Change Commission Secretary Mary Ann Sering said.
The PSF may be augmented by donations, endowments, grants and contributions, she added.
"Now, we have the means to make our communities safer against the intensifying effects of climate change," she said.
The PSF law amends certain provisions of Republic Act 9729 or the Climate Change Act of 2009.
"We already have identified our strategic priorities in accordance with the national framework and what we have to do now is to ensure that the local actions or programs actually fit in," Sering said.