Various donors have promised USD380 million to help the Philippines cope with global warming, according to the
. The pledges came during the climate change summit in Copenhagen, which ended on Dec. 18. The World Bank and Asian Development Bank have committed USD250 million under a clean technology fund, while Denmark intends to donate USD10 million to support local water utilities. The country is also assured of USD50 million from the global environment fund and as much as USD70 million upon submission of a formal proposal for support under a forestry investment fund.