Tricky Profit
  • Stock
  • Economy
  • Politics
  • Editor’s Pick
EconomyEditor's Pick

Greenpeace estimates P1-T lost in irregular climate-action projects

by September 8, 2025
by September 8, 2025 0 comment

GREENPEACE Philippines said fraud, waste, and corruption in climate-adaptation projects, including flood-control works, resulted in losses topping P1 trillion between 2023 and 2025, with the vast majority involving contracts overseen by the Department of Public Works and Highways (DPWH).

Citing data from the National Integrated Climate Change Database and Information Exchange System (NICCDIES), Greenpeace said the DPWH was responsible for P800 billion of the projects, including around P560 billion in 2025.

Greenpeace campaigner Jefferson Chua said the lack of proper climate action is weakening efforts to mitigate the effects of climate change.

“Theft of climate funds at such a scale is atrocious, and offenders are akin to climate criminals,” Mr. Chua said.

Mr. Chua said the pursuit of projects funded by debt inflates government borrowing without producing commensurate benefits.

Mr. Chua called for more nature-based, community-led solutions tailored to the needs of each community.

“A lot of these projects that are corrupt, unfortunately are useless… For these projects to be usable and useful to communities, public (involvement) is key,” Mr. Chua said.

Greenpeace said its menu of options for climate adaptation includes preserving watersheds, stopping destructive mining, halting reclamation, and banning single-use plastics in major urban areas. — Andre Christopher H. Alampay

0 comment
0
FacebookTwitterPinterestEmail

previous post
Konektadong Pinoy must still address tower shortage — DITO
next post
Zamboanga passenger terminal deal canceled over design issues, delays

You may also like

Rizal’s 1st legislative district is Philippines’ most populous...

September 12, 2025

More Filipinos engage in gig work for additional...

September 12, 2025

NCR building materials wholesale price growth falls in...

September 12, 2025

First-half trade deficit revised upward to $24.41B

September 11, 2025

90 e-commerce ‘trustmarks’ issued

September 11, 2025

India given center stage at Agri-Food Summit

September 11, 2025

Camarines Sur declared free of bird flu

September 11, 2025

Blockchain backed as tool for improving budget transparency

September 11, 2025

PHL seeks ‘balance’ between energy security, affordability

September 11, 2025

SMEs seen playing key role in achieving SDGs

September 11, 2025

    Join our mailing list to get access to special deals, promotions, and insider information. Your exclusive benefits await! Enjoy personalized recommendations, first dibs on sales, and members-only content that makes you feel like a true VIP. Sign up now and start saving!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • More Filipinos engage in gig work for additional revenue

      September 12, 2025
    • Rizal’s 1st legislative district is Philippines’ most populous — PSA

      September 12, 2025
    • NCR building materials wholesale price growth falls in August

      September 12, 2025
    • Rubio warns Brazil of US response after Bolsonaro’s conviction for plotting a coup

      September 12, 2025
    • Ryan Routh trial continues after agent testifies suspect aimed rifle at him on Trump’s golf course

      September 11, 2025

    Disclaimer: TrickyProfit.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • About us
    • Contacts
    • Privacy Policy
    • Terms and Conditions
    • Email Whitelisting

    Copyright © 2025 TrickyProfit.com All Rights Reserved.

    Tricky Profit
    • Stock
    • Economy
    • Politics
    • Editor’s Pick