CCC: New COA rules to help promote effective climate projects
The Climate Change Commission (CCC) has expressed optimism the Commission on Audit’s (COA) issuance of new regulatory guidelines would result in the effective implementation of climate-related projects and programs. COA released on April 18 its Circular 2023-01, which provides guidelines in the audit of programs, activities and projects with Climate Change Expenditure Tagging (CCET) to validate the budget…