An entire chapter on climate change was recently added to the Philippine Development Plan (PDP) 2023-2028, entitled “Chapter 15: Accelerate Climate Action and Strengthen Disaster Resilience.”
The chapter identified the goal for communities, institutions and the natural and built environment to be “more resilient to the impacts of natural hazards and climate change” by 2028. It also listed three strategies, namely increasing climate and disaster risk resilience of communities and institutions, enhancing ecosystem resilience and enabling the transition to a low-carbon economy.
Currently, a total of PHP 453.1 billion (USD 8.2 billion) has been allocated for climate change expenditure by National Government Institutions to be used for adaptation and mitigation programs. This represents a 56% increase from the climate change expenditure for the fiscal year 2022.
Notably, the PDP presents the six-year vision of the Marcos administration towards an upper middle-income and low-carbon development and climate-smart and climate-resilient Philippines. It was developed by the National Economic and Development Authority (NEDA), together with other government agencies and stakeholders.
(Source: Philippine News Agency)