Department of Budget and Management (DBM) Secretary Amenah Pangandaman (left) discusses how the Philippines invests in climate action through the Climate Change Expenditure Tagging (CCET) during the session on Climate Budget Tagging as part of the Inclusive Climate Finance Dialogue for a Resilient Asia-Pacific on Aug. 26, 2025 in Bangkok, Thailand. Pangandaman said the Philippine government is spending P1.156 trillion (over $20 billion) on climate change adaptation and mitigation this year, a 152.7-percent increase from 2024.
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