Philippines, Dec. 10 -- The Asian Development Bank (ADB) has approved a $500 million policy-based loan to support the sustainable management of the Philippines' marine ecosystems, help rejuvenate coastal areas, and foster vibrant, resilient, and low-carbon blue economy development.The Marine Ecosystems for Blue Economy Development Program (Subprogram 1) seeks to strengthen the productivity and diversity of the country's ocean-based economy, and improve the health and adaptability of coastal areas and communities. It also aims to enhance the plastic and solid waste management value chain and promote investments in the country's natural capital. These efforts will ensure long-term ecological and economic resilience and protect millions of Fil...