BusinessMirror

Canada allots ₧627-M for health, reforestat­ion

- Joyceannl.rocamora/pna

AMBASSADOR David Hartman of Canada said Ottawa is keen on further developing cooperatio­n in the key minerals sector.

“The sad reality is, we cannot have a green energy transition without critical minerals,” Hartman explained. “So, the candid reality is that the global community needs the Philippine­s.”

The ambassador noted that Canada could help the Philippine­s extract its minerals “responsibl­y, ethically, and in an environmen­t and sustainabl­e” manner: “We’re also... conscious of the fact that the extractive industries have a storied past here; there’s...sensitivit­ies among indigenous communitie­s and other population­s.”

He believes that “we can provide capacity building to the government of the Philippine­s to help create the social license…[and] be able to capitalize on the mineral wealth that exists in this country.”

Canada and the Philippine­s are set to mark 75 years of diplomatic relations in 2024 with more high-level exchanges—including President Ferdinand R. Marcos Jr.’s possible visit to the North American country toward the latter part.

“We hope, by autumn when we have the President visit Canada, to be in a position to announce other projects and initiative­s this year,” Hartman said.

In 2023, Canada deployed its dark-vessel detector to the Philippine­s, which the country could use for free in the next five years.

Both are also expected to finally sign the memorandum of understand­ing (MOU) on defense cooperatio­n in 2024 after concluding its final language last year.

ODA augmented

MEANWHILE, Canada is augmenting its official developmen­t assistance (ODA) to the Philippine­s as it fully implements its Indo-pacific Strategy.

During his recent official visit to the Philippine­s, Minister of Internatio­nal Developmen­t Ahmed Hussen announced that Ottawa has earmarked CAD$15 million, or about P627 million in new investment­s, to improve climate adaptation and expand access to health services in the country.

The approved funding, Hussen said, is expected to “get underway in 2024.”

Of the total, Canada will provide CAD$8 million over five years in grant financing to build vulnerable communitie­s’ resilience by supporting nature-based solutions, such as reforestat­ion and coastal wetlands restoratio­n for climate adaptation. The project targets six regions in the country considered as key biodiversi­ty or protected areas.

On health services, Canada will provide CAD$7 million over six years in grant financing to help the country implement its Universal Health Care Act, while boosting local government­s’ capacities. Such will target vulnerable population­s, including women, girls, as well as indigenous people, in four geographic­ally isolated and disaster-prone provinces.

“Canadian [ODA] is meant to be deployed…in a manner that compliment­s, supplement­s, and supports… national priorities,” Hussen said. “As part of our Indo-pacific strategy, [it is our way of focusing] in this region in terms of diplomacy, trade and investment, and developmen­t. The Philippine­s is central to that strategy.”

The former’s annual ODA to the Philippine­s is valued at CAD$24 million to CAD$25 million, and focuses on peace and security, inclusive economic growth, and health, among others.

The minister said Ottawa also wants to sign a MOU with Manila to further align its assistance “more deliberate­ly” with the country’s developmen­t priorities.

Apart from health and climate adaptation, the concluded MOU will enhance Canadian support in areas of renewable energy and food security, among others. The signing of such would also ensure policy alignment and “complement­arity” between the Philippine­s’s needs and the Canadian supply side.

As developmen­t ties with Manila grow, Hussen highlighte­d the potential for more investment­s to come in from its private sector: “If we are talking about more resources, it is not just us [the Canadian government picking up our game and increasing such through the Indo-pacific Strategy. We could leverage on some of those additional monies to also unlock private sector dollars from Canada and beyond to really deploy those] in the Philippine­s. So, I am quite excited about the opportunit­ies.”

During his visit, the Canadian minister met with Environmen­t Secretary Maria Antonia Yuloloyzag­a and Socioecono­mic Planning Secretary Arsenio Balisacan.

 ?? CANADIAN EMBASSY/PNA ?? SOCIOECONO­MIC Planning Secretary Arsenio Balisacan and Minister Ahmed Hussen (right)
CANADIAN EMBASSY/PNA SOCIOECONO­MIC Planning Secretary Arsenio Balisacan and Minister Ahmed Hussen (right)

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