Renato Redentor Constantino's blog. Stories, beer, paintings, photos. Come on in. Feedback welcome at redcosmo(at)gmail(dot)com.
Saturday, August 21, 2010
iCSC's climate finance initiative banner story in second largest Philippine newspaper
P10.5-BILLION CLIMATE FUND USED TO PLUG DEFICIT The Philippine Star
MANILA, Philippines, July 17, 2010 - Before the May elections, the Arroyo administration used up the entire 150 million euros or roughly P10.5 billion of a French loan that Paris thought was for climate change mitigation – but the fund was used to plug the budget deficit.