The Economy and Development Council Investment Coordination Committee (ICC-CC) has approved a resolution to aggregate flood control and management projects within a single river basin for a more comprehensive review.
This new approach aims to ensure that projects are shovel-ready and undergo thorough evaluation before implementation.
Previously, the ICC guidelines only mandated evaluation for projects exceeding PHP2.5 billion, leading to many individual flood control projects bypassing the evaluation process.
The disaggregated nature of previous projects did not consider the potential flooding impacts on adjacent communities within the same river basin.
By grouping projects by river basin, a greater number of these initiatives will now be subjected to ICC evaluation, covering their technical, environmental, social, and economic viability.
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