Ben O De Vera
says (“PH Borrowing Another $400M From World Bank For Covid-19 Recovery,” 29
Jan 2022, Business.inquirer.net):
The World Bank will
lend the Philippines $400 million to pursue “policy reforms” for sustainable
recovery from the health and socioeconomic ills inflicted by the Covid-19
pandemic. Documents on Friday showed the forthcoming development policy loan
(DPL), a form of budgetary support financed by the World Bank for borrowers’
reform agenda, would be approved by the Washington-based lender during its
fiscal year 2023, which technically starts in the middle of this year.
The World Bank must have much confidence in my country the
Philippines because, as Mr De Vera lists them, there are 11 World Bank DPLs already
upcoming:
$600M 4Ps (Pantawid Pamilyang Pilipino Program);
$250M Mindanao transport connectivity improvement project;
$200M second financial sector reform development policy financing;
$178M multisectoral nutrition project;
$150M sustainable, inclusive and resilient tourism project;
$140M Agus-Pulangi hydropower complex rehabilitation Project 1;
$110M teacher competitiveness and competencies enhancement project;
$100M alternative learning system project;
$100M digital transformation project;
$100M Mindanao inclusive agriculture development project.
That gives a total loan of $1.928B for the Philippines. That
list of 11 projects then gives me an idea, a 12th program, in Agriculture:
Add $157M for Organic
Agriculture Philippines (OA.ph) for my country to fight climate change –
afterwards, the PH will become the model of the world in Primate Change for
Climate Change!
Let the Agricultural Credit Policy Council (ACPC) handle the
funds; with ACPC approval, I will volunteer for OA.ph. With a science
institution; we would create a Knowledge
Bank on OA plus training materials – with friendly language to help non-technical
persons with the science.
No more chemical fertilizers (CFs)! What to do with farmers?
Provide them easy loans via farmer cooperatives – my favorite farmer groups –
so that farmers can purchase and/or concoct their own organic fertilizers (OFs)
and store them as necessary. Thus, their OFs will be much cheaper than the CFs
– and since OFs do not produce greenhouse gases (GHGs), they are excellent as a
direct device to fight climate change!
Outside my country the Philippines, Jennifer Chait has a good list in favor of OA (20 Nov 2019,
“How Organic Farming Benefits The Environment,” The
Balance, Thebalancesmb.com);
unedited for grammar consistency, here is Ms Jennifer’s list:
1.
Reduced exposure to pesticides and chemicals;
2.
Organic farming builds healthy soil;
3.
Combatting erosion;
4.
Fighting the effects of global warming;
5.
Organic farming supports water conservation and
water health;
6.
Discouraging algal blooms;
7.
Supporting animal health and welfare;
8.
Organic farming encourages biodiversity.
World
Bank, that’s where your $157M OA.ph loan to the Philippines will go! OA.ph will
reduce to Zero (0) the emissions of GHGs, as well as support animal and human
healths, not to mention biodiversity. Nowhere could you find a loan applied as
multi-productive as this!@517
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