The Governance Commission has asked the various government-owned corporate entities to participate in concretizing efforts to combat climate change at the annual national Climate Change Expenditure Tagging (CCET) orientation. The event on 07 March 2023 was led by the Climate Change Commission (CCC).
The CCET has supported several projects geared towards climate change resiliency including water sufficiency projects, sustainable energy and food security, and food management program, and a national greening program in the past year.
This year, the CCET aims to support President Ferdinand Marcos Jr.’s 8-point socio-economic agenda and implement climate change provisions in the Philippine Development Plan 2023-2028.
“We can only imagine how the Philippines will transform as several projects will enhance the capacity and resilience of communities and ecosystems to natural hazards and climate change.”
Commissioner Gideon D.V. Mortel
“Allotting a budget to projects geared towards climate-oriented objectives will yield positive repercussions. Through the CCET, we become hopeful in seeing a country that can withstand torrents of typhoons, survive unexpected energy and water shortages, and overcome price inflation of food supply,” Mortel added.
A noteworthy development in the orientation this year is the linking of climate change initiatives to gender and development (GAD) advocacies. The Governance Commission will support initiatives that will ensure meaningful participation of women and men in the development of climate tagged programs and projects (PAPs), gender analysis and collection of sex disaggregated data, and promotion of the GAD guidelines checklist for GAD attributions in climate-tagged PAPS.
The GCG will continue to be CCC’s staunch ally in projects that promote climate change mitigation and adaptation.
The Governance Commission remains steadfast in its mandate as the central advisory, oversight, and monitoring body for government-owned and controlled corporations, to institutionalize transparency, accountability, financial viability, and responsiveness in corporate governance by monitoring and evaluating the performance of GOCCs.