Climate Finance Governance Enhancement for Philippine Budgeting Systems

On outcome-based budgeting, the study found that there was a total of 143 direct and indirect climate-relevant outcome indicators. The vast majority (82 percent) relate to climate change adaptation, 10 percent to mitigation and 8 percent to both adaptation and mitigation. The study pointed out that in the Philippines there is limited use of mitigation indicators (i.e. GHG emissions) in budget performance indicators.

For adaptation, there are many development indicators that are also relevant for adaptation, and climate change strategies could refer to these indicators to show how they can be used to assess progress in reducing the impact of climate change. Performance indicators should be aligned with the climate change priorities identified in the NDC, National Adaptation Plan and other relevant policies.

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