World Bank Report on Getting a Grip on Climate Change in the Philippines
Contributing to the foundation and ensuring the future for a low-carbon, climate resilient society through the Philippine Climate Public Expenditure and Institutional Review
Public Expenditure and Institutional Review
The document aims to consolidate the strategic direction of the National Climate Change Action Plan (NCCAP). The 2009 Climate Change Act of 2009 called for the formulation of a National Framework on Climate Change (NFCC), which defines the overall parameters for developing the NCCAP. Hence, the NCCAP is the lead policy document guiding the climate agenda at all levels of government from 2011-2028.
As far as I know, there is already an existing document, the Clean Development Mechanism (CDM) under the Kyoto Protocol (KP) of the United Nations Framework Convention on Climate Change (UNFCCC) which addresses greenhouse gas emission reductions. The KP is a legally binding instrument that strengthens the UNFCCC. As far as I know, the CDM is one of the three market-based flexibility mechanisms under the KP. In fact in the Philippines, the DENR is the designated national authority (DNA) of the CDM.
My question is: How does this document relate to the CDM as far as addressing the climate change issues in the Philippines? This document does not explain its relation and relevance to the CDM.