DBM commits P2.4 B to gov’t ‘greening program’

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The Department of Budget and Management (DBM) said the government is committed to attain a sustainable, green, and climate-resilient economy by putting a premium on environmental spending. ManilaBulletin

In a statement on Wednesday, May 3, Budget Secretary Amenah F. Pangandaman said the Marcos administration has allocated P2.39 billion for the national greening program under the 2023 general appropriations act.

“That’s why, in crafting our national budget, we also put a premium on environmental expenditures. That’s why for this year, we have increased our budget for climate change programs and activities,” she added. Pangandaman said the program aims to pursue sustainable development for poverty alleviation, food security, biodiversity conservation, environmental stability, and climate change adaptation and mitigation.

“We’re already feeling the effects of climate change, particularly with the onset of El Niño. We in the DBM has been calling on each and every agency to include in their budget proposals provisions for climate change response,” Pangandaman said.

 

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