The Project Development Grant (PDG) is a sub-financing window under the PSF with an allocation of Php 60 Million, 6% of the annual Php 1 Billion PSF budget.

PDG aims to help project proponents in preparing PSF funding proposals based on Concept Notes that have been approved by the PSF Board to have the potential for community-level climate change adaptation.

The objective of the PDG is to address the barrier faced by proponents during project initiation/design by providing funding for activities that are essential in the identification and development of climate change adaptation projects.