A bill in Philippine Congress, called the "People's Survival Fund" (PSF) bill, authored by Cong. Erin Tanada et al in the lower House, and Sen. Loren Legarda and other Senators in the upper Chamber, wants to distribute millions, or billions of pesos of tax money to local governments and possibly environmental NGOs to improve climate change adaptation and mitigation. This is on top of existing "fight climate change" laws and programs. The bill will also create a new bureaucracy, the PSF Board, under a new bureaucracy, the Climate Change Commission (CCC).
And why so? This news was written and published in December 2007, suggesting that by end of summer this year, ie, around 3rd week of September 2012 or just four months from now, the Arctic will be ice-free. Scary.
Original source: http://news.nationalgeographic.com/news/2007/12/071212-AP-arctic-melt.html
This prognosis is similar to another prediction made in January 2007 saying that up to 4.5 billion people could this this year due to "global warming-related causes" -- so guys, take cover! See, Climate Tricks 1: 4.5 Billion People to Die This Year, January 03, 2012.
Meanwhile, here are more recent stories from more realistic, non-alarmist climate change analysis.

