PH to spend P100B on climate change projects
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The Government is spending more than P100 billion on climate change mitigating projects this year and next, Budget Secretary Florencio Abad said on the sidelines of the inauguration of a solar power project. Government investments in climate change measures nearly doubled in the last three years, and have reached about P100 billion or 4 percent of the 2015 budget, Abad said. On top of that, under the bottom-up budgeting process, community organizations in the grassroots level identified about P1.6 billion worth of related activities, Abad said.
Olchondra, R. T. (2015, June 8). PH to spend P100B on climate change projects. Philippine Daily Inquirer, p. B3-2.
Associated contentOnline version
Climatic changes; Governments; Solar power; Investments; Mitigation; Flood control; Renewable resources; Restoration; Financing; Financial institutions; CC Expenditure Tagging (CCET); Local Government Unit (LGU); Department of Budget and Management (DBM); Development Bank of the Philippines (DBP); First Metro Investments Corp.; Commission on Audit (COA); World Bank; BW Resources Corp.; Abad, Florencio
- Philippine Daily Inquirer