The DENR FAPs Portfolio in 2013 consisted of 40 projects with an aggregate cost of US$654.02 million or approximately PhP29 billion. About 69% of the total portfolio cost or US$451.64 million represents six (6) loan projects, while 31% or US$202.37 million corresponds to the aggregate cost of 34 grant projects.

The DENR Foreign Assisted Projects (FAPs) Portfolio in 2012 consisted of 38 projects, with an aggregate cost of US$435.31 Million or approximately PhP19.75 Billion. This reflects an 8% increase over the 2011 portfolio. About 68% of the total Portfolio cost or US$297.51 Million represents five (5) loan projects, while 32% or US$137.80 Million corresponds to the aggregate cost of thirty three (33) grant projects. In terms of subsector allocation, the Forestry sub-sector received the biggest share of the portfolio cost at 34% followed by the Coastal/Marine sub-sector at 75%, and Biodiversity conservation at 13%.

This Annual Report provides an overview of the accomplishments of the Department's Foreign Assisted Projects (FAPs) in CY 2011 and their contribution to sectoral priorities as defined in the Philippine Development Plan (PDP) 2011-2016. It also reports on their performance vis-A-vis their physical and financial targets, the implementation issues1 problems, and the actions taken This is consistent with the national policy on strengthening transparency and accountability in government operations, and in this particular case, the management of resources made available through Official Development Assistance (ODA).

DENR’S ODA portfolio in 2010 consisted of 32 projects, with an aggregate cost of US$386 million or approximately PhP19 billion. This reflects a 36% increase over the previous year’s portfolio size. The Environment sub-sector received the biggest share of the ODA pie at 36% or US$138 million, followed by the Coastal/Marine subsector at 17% or US$64.5 million, and then the Land and Forestry sub-sectors which received a share of 9% and 8%, respectively. Integrated ENR or cross-cutting projects comprise 24% of the portfolio or US$93.5 million.

This Annual Report on the Department’s Foreign Assisted Projects (FAPs) aims to provide an overview of the performance of the Department’s FAPs Portfolio as of yearend 2009. This is in line with efforts to strengthen transparency and accountability in government operations, particularly on the management of resources made available through Official Development Assistance (ODA) and other foreign funding facilities.

 The DENR Foreign Assisted Projects (FAPs) Portfolio consists of programs and projects that are partly or wholly funded by Official Development Assistance (ODA) and other foreign funding facilities, on the basis of a loan or grant agreement, or similar contracts/instruments entered into by the Government of the Philippines (GOP) with governments or agencies of foreign countries (bilateral), and international or multilateral funding institutions.

The DENR Foreign Assisted Projects (FAPs) Portfolio is composed of programs and projects that are partly or wholly funded by Official Development Assistance (ODA) and other foreign funding facilities, on the basis of a loan or grant agreement, or similar contracts/instruments entered into by the Government of the Philippines (GOP) with governments or agencies of foreign countries (bilateral), and international or multilateral funding institutions. The ODA Act of 1996 provides that ODA loans and grants
must be administered with the objective of promoting sustainable social and economic development and welfare of the Philippines.

Since 1997, the budget of the Department of Environment and Natural Resources has been steadily decreasing. With the huge mandate of protecting the environment and conserving natural resources, Official Development Assistance (ODA) plays a vital element in addressing financial sustainability of the agency. ODA is defined as official financing administered for the purpose of promoting tlie economic development and welfare of developing countries.

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