IBRD LOAN: $50 million
TERMS: Grace = 8 years; Maturity = 20 years.
GEF GRANT: US$7 million
PROJECT DESCRIPTION: The project aims to assist the Department of Environment and Natural Resources (DENR) to improve efficiency and effectiveness in its service delivery. More specifically, the project aims to improve the efficient use of DENR’s limited budget resources through better prioritization and partnership arrangements, facilitating scaling-up and better linking of plans and budgets.