Manila, Aug. 28 -- Monetary authorities are considering to institutionalize blended financing for projects aimed towards sustainability and climate change adaptation to maximize funding availability for trillions worth of projects.

Ellen Joyce Suficiencia, Director of Bangko Sentral ng Pilipinas' (BSP) Sustainability Office, said Thursday there is a need to prioritize financing for sustainability projects but this "will depend on the understanding on where the vulnerabilities are."

She said that while there are constraints on funding such projects, there are businesses and institutions and philanthropists that are willing to contribute to these projects.

"At the end of the day, the unifying factor is resiliency," she said in one of the...