‘Tagging’ to improve climate change funding

Identifying and monitoring public budget funding for climate change response in the Philippines will now be easier for policy makers and the general public through a new “tagging” initiative supported by technical assistance from the World Bank and co-funded by the Australian government, a joint official study said.

The tagging initiative will promote greater transparency and prioritization in government spending, according to the progress report titled “Mobilizing the Budget for Climate Change Response in the Philippines,” prepared by the Climate Change Commission (CCC), Department of Budget and Management (DBM), and the World Bank.