June 13, 2023 Tuesday
MANILA, 13 June 2023 — For the eighth consecutive year, the Climate Change Commission (CCC) received an unmodified opinion on the Annual Audit Report of the Commission on Audit (COA). This reflects the CCC's commitment to financial transparency and accountability in addressing climate change.
COA’s unmodified opinion for Calendar Year (CY) 2022 signifies that the CCC's financial statements fairly present its financial position, financial performance, cash flows, changes in net assets/equity, comparison of budget and actual amounts, and notes to the financial statements, including a summary of significant accounting policies.
"The consistent receipt of an unmodified opinion from COA is a recognition of how the Commission has been able to efficiently manage its financial resources and ensure transparency and accountability in our operations," said Secretary Robert E.A. Borje, Vice Chairperson and Executive Director of the CCC.
COA conducts their audits in accordance with the International Standards of Supreme Audit Institutions (ISSA) to ensure the quality and strengthen the credibility of their audit reports.
By adhering to COA’s standards, the CCC has effectively allocated resources in its strategies and initiatives aimed at addressing climate change over the past eight years.
“We continue to be guided by COA rules and the vision of President Ferdinand R. Marcos Jr. for good governance. The CCC is committed to continue doing everything to improve on fiscal management and administration in order to advance climate policies and projects,” Secretary Borje added.
True to its mandate, the CCC will steadfastly develop and implement robust climate strategies, policies, and actions towards a low-carbon and climate-resilient Philippines.
For more information on the CCC’s climate mainstreaming activities, visit https://climate.gov.ph and www.facebook.com/CCCPHL.