This document summarizes the key findings of a study on water resource management (WRM) financing in the Philippines. It finds that WRM financing is fragmented across many agencies and subsectors, with inadequate levels of funding. Total WRM financing from 2006-2010 was $10.5 billion, with the largest shares going to water, sanitation and irrigation projects. Financing needs for 2012-2016 are estimated at $3.4 billion. Issues identified include the lack of coordinated planning and budgeting for WRM. The document recommends developing a comprehensive WRM financing framework and monitoring system to address these issues.