The Government of the Philippines has demonstrated leadership and strong commitment in implementing a comprehensive reform agenda to respond to climate change (CC). With the goal of using the budget process to plan, prioritize, and monitor CC expenditure, the Government has mobilized the National Budget Preparation Process to tag climate change expenditures using a common policy-based typology and guidelines.

The Philippines has led the development of a standardized CC typology and coding structure for use in the planning, budgeting, monitoring, and reporting of public CC expenditures. On 27 December 2013, the Climate Change Commission (CCC) and the Department of Budget and Management (DBM) issue as Joint Memorandum Circular (JMC) 2013-01 mandating government agencies to track their climate change expenditures in their respective 2015 budget submissions using a common framework more popularly known as the Climate Change Expenditure Tagging (CCET).