Globally, the Philippines is a minoremitter of greenhouse gases (GHGs), but cost-effectivemitigation present opportunities that should be captured,noting that the country is one of the signatory memberstates to the 1992 United Nations Framework Convention onClimate Change (UNFCCC) and its Kyoto Protocol. The countryaccounts for less than 0.3 percent of global GHG emissionsin 2004.4 However, emissions are on the rise from bothenergy-use and land-use changes. Even if the absolute scalewill remain small, there are increasing number ofdevelopment projects under preparation, which offersopportunities for cost-effective mitigation and adaptationmeasures. The Philippine Government's response to theclimate change challenge has been active institutionallynoting the recent restructuring of the Presidential taskforce on climate change. However, a clear strategy andaction plan are still lacking. The international donorcommunity, including development partners such as the AsianDevelopment Bank (ADB), the United Nations InternationalStrategy for Disaster Reduction (ISDR), the MillenniumChallenge Corporation (MCC), and the United NationsDevelopment Program (UNDP), is actively engaged inaddressing climate change in the Philippines. There areseveral initiatives on capacity building for GHG accounting,monitoring and reporting, for preparation of a secondNational Communication to the UNFCCC, governance, renewableenergy, urban air quality management, and forest management.There are likewise several World Bank supported climatechange-related activities, with nine active operations.These encompass primarily energy sector operations.
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