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The report entitled looks at the innovations as well as gaps in policy and financing of climate change programs since the country adopted the Climate Change Act four years ago.

The report ¨C done at the request of, and in close collaboration with the Climate Change Commission (CCC) and the Department of Budget and Management (DBM) ¨C provides detailed analysis and recommendations on how the country could accelerate reforms for managing the growing climate change impacts and increasing greenhouse gas emissions while contributing to poverty reduction.

The report provides recommendations along three themes:

? Strengthening the planning, execution, and financing framework for climate change;

? Enhancing leadership and accountability through monitoring, evaluation, and review of climate change policies and activities; and

? Building the country¡¯s capacity and managing change

The report also underscores that while the government builds resilience to climate change impacts, it should also ensure that the country¡¯s emissions of greenhouse gases (e.g. methane and carbon dioxide) remain in check.

Though a minor contributor to climate change globally, the Philippines¡¯ greenhouse gas emissions rank in the top 25 percent among low- and middle-income countries, with significant increases projected in the coming decades. Emissions from the energy sector are projected to quadruple by 2030, with the transport sector expected to double its emissions.

In 2009, Congress passed the Climate Change Act creating the CCC to develop policies and coordinate government programs on climate change. The CCC in turn developed the National Climate Change Action Plan that serves as a road map for all climate change programs in the Philippines. ¡°Incorporating the climate change action plan into the national and local development process, supported by properly-targeted public investments, is important to ensure that climate change priorities are translated into concrete actions on the ground,¡± said Secretary Sering.

According to Budget Secretary Florencio B. Abad, appropriations for climate change programs have been increasing at an average of 26 percent yearly since 2009, outpacing the growth of the national budget which has been growing at around 6 percent.

¡°Climate change has a direct and immediate impact on development. As it stands, the Philippines is already in the path of major weather disturbances that damage property and critical infrastructure. More urgent however is the fact that these weather patterns frequently jeopardize the welfare of communities in high-risk areas. Recognizing this, the Aquino administration remains committed to providing sufficient budgetary support for programs and projects that mitigate the effects of climate change in the country,¡± said Secretary Abad.

Last week, the World Bank launched a global report titled . The study says that climate change-related impacts are projected to increase in the coming decades, threatening in particular:

? Coastal populations: Climate change is expected to lead to more intense typhoons, higher sea levels, and storm surges. Storm surges are projected to affect about 14 percent of the total population and 42 percent of coastal populations. Informal settlements, which account for 45 percent of the Philippines¡¯ urban population, are particularly vulnerable to floods due to less secure infrastructure, reduced access to clean water, and lack of health insurance.

? Farming and fishing: Climate-related impacts are expected to reduce agricultural productivity in the Philippines. Also, warming oceans and ocean acidification affect coral reefs which serve as feeding and spawning grounds for many fish species that support the livelihoods of fisher folks.

World Bank Country Director Motoo Konishi said that implementing the country¡¯s climate change programs with increased financing, improved design, and greater focus and coordination contributes significantly to the country¡¯s development goals.

He said that promoting renewable energy and energy efficiency, for instance, boosts energy security and can lower energy costs, thus improving the country¡¯s competitiveness. In agriculture, adaptation activities like conserving water and improving water quality will enhance food security.

¡°Labor-intensive activities like developing climate-resilient farming and retrofitting infrastructure for flood control will build resilience while increasing job opportunities, especially for the poor. Climate change adaptation is very important in achieving inclusive growth,¡± said Mr. Konishi.