DBM backs Earth Hour, says Marcos admin allotted P464.5-B budget for climate change projects

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DBM backs Earth Hour, says Marcos admin allotted P464.5-B budget for climate change projects
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The Department of Budget and Management (DBM) on Saturday expressed support for Earth Hour, adding that the Marcos administration has allotted P464.5 billion in the 2023 budget to address climate change.

The Department of Budget and Management on Saturday expressed support for Earth Hour, adding that the Marcos administration has allotted P464.5 billion in the 2023 budget to address climate change.

The P464.5 billion budget for climate change projects represents 8.8% of the national budget, the DBM added. The"This is significantly higher by 60.1 percent compared to the 2022 allocation of P289.7 billion," it said.

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