MANILA: The World Bank on Friday said it has approved a loan of US$500 million to help the Philippines better handle disasters and climate threats, with a particular focus on protecting schools, health facilities, and human settlements, reported Xinhua.The multilateral lender said the line of credit was set aside so that the government could quickly draw upon it when major natural disasters or health crises occur.Approximately 60 per cent of the country’s total land area and at least 74 per cent of Filipinos are vulnerable to multiple hazards like typhoons and landslides, the bank said, noting that about 78 per cent of public schools and 96 per cent of students in the Philippines are exposed
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