The 27-member European Union (EU) will support the Philippines' fight against climate change by contributing about half-a-billion-euros in initiatives that will provide its beneficiaries, including the Philippine government the expertise and access to its technologies.
The regional bloc's move was announced by EU chief Ursula von der Leyen as she visited Manila—the first time in sixty years for an EU president—to "accelerate" its relationship with the Philippines.
EU's initiative was announced after von der Leyen discussed with President Ferdinand "Bongbong" Marcos Jr. the country's efforts in addressing climate concerns.
"IÂ welcome your ambition. To put the Philippines on the path to a cleaner and greener future, we have the same ambition," she said.
Therefore, the regional bloc, she said, created the Global Gateway—EU's investment plan for the world for sustainable infrastructure.
"We want to partner with you on this path. Notably with a team Europe initiative on the green economy that we just signed here," she said.
Under the agreement, EUÂ will provide financing expertise and access to technologies to support the Philippines in the transition to a circular economy and the generation of green energy team Europe.
"The European Union and the member states will contribute almost half a billion euros into this green initiative," she said.
As the Philippines continues to be afflicted by weather disturbances, EU will also support the country's program to stem the effects of climate change and extreme weather events through the deployment of Copernicus satellites, the first ever in-space cooperation that EU would have in Asia.
The move will be called "Eyes in the sky."
"We're currently setting up a so called Copernicus data mirror site within the Philippine space agency. And we have just signed an agreement to boost the flow on Earth observation data," she said.
"Between us this is very important for early warning, for example, for extreme weather phenomenon and to improve the climate resilience," she added.