MANILA (Mabuhay) – The European Union has pledged Euro 20 million or roughly P1.2 billion in financial assistance for the relief and rehabilitation of Yolanda-devastated areas.
In a speech, EU Ambassador Guy Ledoux said this will not be the last. “Further funding will be made available during 2014 and following the detailed Post-Disaster Needs Assessment, which the EU is fully supporting together with the World Bank and the United Nations based on our global trilateral agreement.”
This brings to P25 billion the grants committed by the European Union and its population “making Europe the largest source of grant assistance to the Philippines.
Ledoux said the EU stands “ready to share experiences from Europe and our involvement in other reconstruction efforts around the world with the Philippines Authorities. Lessons from Yolanda need to be learned and best practices need to be developed for the benefit of the whole of the Philippines, in order to make the country more resilient to future disasters, and help its adaption to climate change.”
He said the EU supports proposals to relocate to a safer ground the population affected by the super typhoon. He said higher construction standards in rebuilding must be met.
He said the changes should benefit the poorest “to ensure that Yolanda will not throw back many Filipinos permanently into poverty.”
“The European Union is committed to provide support during the coming years and provide financial assistance including the provision of loans and the best technical know-how we can mobilize in a transparent and accountable manner,” Ledoux said.(MNS)