diff --git a/cms/djangoapps/contentstore/tests/test_contentstore.py b/cms/djangoapps/contentstore/tests/test_contentstore.py
index be120824a42a..c871e8146e26 100644
--- a/cms/djangoapps/contentstore/tests/test_contentstore.py
+++ b/cms/djangoapps/contentstore/tests/test_contentstore.py
@@ -45,7 +45,12 @@
 
 from cms.djangoapps.contentstore.config import waffle
 from cms.djangoapps.contentstore.tests.utils import AjaxEnabledTestClient, CourseTestCase, get_url, parse_json
-from cms.djangoapps.contentstore.utils import delete_course, reverse_course_url, reverse_url
+from cms.djangoapps.contentstore.utils import (
+    delete_course,
+    reverse_course_url,
+    reverse_url,
+    get_taxonomy_tags_widget_url,
+)
 from cms.djangoapps.contentstore.views.component import ADVANCED_COMPONENT_TYPES
 from common.djangoapps.course_action_state.managers import CourseActionStateItemNotFoundError
 from common.djangoapps.course_action_state.models import CourseRerunState, CourseRerunUIStateManager
@@ -1376,11 +1381,14 @@ def test_course_overview_view_with_course(self):
             self.assertEqual(resp.status_code, 404)
             return
 
+        taxonomy_tags_widget_url = get_taxonomy_tags_widget_url(course.id)
+
         self.assertContains(
             resp,
-            '<article class="outline outline-complex outline-course" data-locator="{locator}" data-course-key="{course_key}">'.format(  # lint-amnesty, pylint: disable=line-too-long
+            '<article class="outline outline-complex outline-course" data-locator="{locator}" data-course-key="{course_key}" data-taxonomy-tags-widget-url="{taxonomy_tags_widget_url}" >'.format(  # lint-amnesty, pylint: disable=line-too-long
                 locator=str(course.location),
                 course_key=str(course.id),
+                taxonomy_tags_widget_url=taxonomy_tags_widget_url,
             ),
             status_code=200,
             html=True
diff --git a/cms/djangoapps/contentstore/utils.py b/cms/djangoapps/contentstore/utils.py
index c6ebe173b5dc..a4c69e55b7ea 100644
--- a/cms/djangoapps/contentstore/utils.py
+++ b/cms/djangoapps/contentstore/utils.py
@@ -395,6 +395,21 @@ def get_taxonomy_list_url():
     return taxonomy_list_url
 
 
+def get_taxonomy_tags_widget_url(course_locator) -> str:
+    """
+    Gets course authoring microfrontend URL for taxonomy tags drawer widget view.
+
+    The `content_id` needs to be appended to the end of the URL when using it.
+    """
+    taxonomy_tags_widget_url = None
+    # Uses the same waffle flag as taxonomy list page
+    if use_tagging_taxonomy_list_page():
+        mfe_base_url = get_course_authoring_url(course_locator)
+        if mfe_base_url:
+            taxonomy_tags_widget_url = f'{mfe_base_url}/tagging/components/widget/'
+    return taxonomy_tags_widget_url
+
+
 def course_import_olx_validation_is_enabled():
     """
     Check if course olx validation is enabled on course import.
diff --git a/cms/djangoapps/contentstore/views/block.py b/cms/djangoapps/contentstore/views/block.py
index c65aaace82d8..ecaa6928c0b9 100644
--- a/cms/djangoapps/contentstore/views/block.py
+++ b/cms/djangoapps/contentstore/views/block.py
@@ -33,6 +33,7 @@
 from xblock.fields import Scope
 
 from cms.djangoapps.contentstore.config.waffle import SHOW_REVIEW_RULES_FLAG
+from cms.djangoapps.contentstore.toggles import use_tagging_taxonomy_list_page
 from cms.djangoapps.models.settings.course_grading import CourseGradingModel
 from cms.lib.xblock.authoring_mixin import VISIBILITY_VIEW
 from common.djangoapps.edxmako.services import MakoService
@@ -1375,6 +1376,11 @@ def create_xblock_info(xblock, data=None, metadata=None, include_ancestor_info=F
             xblock_info['has_partition_group_components'] = has_children_visible_to_specific_partition_groups(
                 xblock
             )
+
+            # If the ENABLE_TAGGING_TAXONOMY_LIST_PAGE feature flag is enabled, we show the "Manage Tags" options
+            if use_tagging_taxonomy_list_page():
+                xblock_info["use_tagging_taxonomy_list_page"] = True
+
         xblock_info['user_partition_info'] = get_visibility_partition_info(xblock, course=course)
 
     return xblock_info
diff --git a/cms/djangoapps/contentstore/views/course.py b/cms/djangoapps/contentstore/views/course.py
index 40abb093fdf4..ca471ea10355 100644
--- a/cms/djangoapps/contentstore/views/course.py
+++ b/cms/djangoapps/contentstore/views/course.py
@@ -94,6 +94,7 @@
     get_home_context,
     get_lms_link_for_item,
     get_proctored_exam_settings_url,
+    get_taxonomy_tags_widget_url,
     get_course_rerun_context,
     initialize_permissions,
     remove_all_instructors,
@@ -686,6 +687,7 @@ def course_index(request, course_key):
             'mfe_proctored_exam_settings_url': get_proctored_exam_settings_url(course_block.id),
             'advance_settings_url': reverse_course_url('advanced_settings_handler', course_block.id),
             'proctoring_errors': proctoring_errors,
+            'taxonomy_tags_widget_url': get_taxonomy_tags_widget_url(course_block.id),
         })
 
 
diff --git a/cms/static/js/views/course_outline.js b/cms/static/js/views/course_outline.js
index 3eeeff5b1e07..ed30c1b34ddc 100644
--- a/cms/static/js/views/course_outline.js
+++ b/cms/static/js/views/course_outline.js
@@ -215,6 +215,43 @@ function(
             }
         },
 
+        closeManageTagsDrawer(drawer, drawerCover) {
+            $(drawerCover).css('display', 'none');
+            $(drawer).empty();
+            $(drawer).css('display', 'none');
+            $('body').removeClass('drawer-open');
+        },
+
+        openManageTagsDrawer(event) {
+            const drawer = document.querySelector("#manage-tags-drawer");
+            const drawerCover = document.querySelector(".drawer-cover")
+            const article = document.querySelector('[data-taxonomy-tags-widget-url]');
+            const taxonomyTagsWidgetUrl = $(article).attr('data-taxonomy-tags-widget-url');
+            const contentId = this.model.get('id');
+
+            // Add handler to close drawer when dark background is clicked
+            $(drawerCover).click(function() {
+                this.closeManageTagsDrawer(drawer, drawerCover);
+            }.bind(this));
+
+            // Add event listen to close drawer when close button is clicked from within the Iframe
+            window.addEventListener("message", function (event) {
+                if (event.data === 'closeManageTagsDrawer') {
+                    this.closeManageTagsDrawer(drawer, drawerCover)
+                }
+            }.bind(this));
+
+            $(drawerCover).css('display', 'block');
+            // xss-lint: disable=javascript-jquery-html
+            $(drawer).html(
+                `<iframe src="${taxonomyTagsWidgetUrl}${contentId}" onload="this.contentWindow.focus()" frameborder="0" style="width: 100%; height: 100%;"></iframe>`
+            );
+            $(drawer).css('display', 'block');
+
+            // Prevent background from being scrollable when drawer is open
+            $('body').addClass('drawer-open');
+        },
+
         addButtonActions: function(element) {
             XBlockOutlineView.prototype.addButtonActions.apply(this, arguments);
             element.find('.configure-button').click(function(event) {
@@ -231,6 +268,10 @@ function(
                     this.highlightsXBlock();
                 }
             }.bind(this));
+            element.find('.manage-tags-button').click((event) => {
+                event.preventDefault();
+                this.openManageTagsDrawer();
+            });
         },
 
         makeContentDraggable: function(element) {
diff --git a/cms/static/js/views/xblock_outline.js b/cms/static/js/views/xblock_outline.js
index 1f1538e502fe..dd97506b0295 100644
--- a/cms/static/js/views/xblock_outline.js
+++ b/cms/static/js/views/xblock_outline.js
@@ -109,7 +109,8 @@ function($, _, gettext, BaseView, ViewUtils, XBlockViewUtils, XBlockStringFieldE
                 includesChildren: this.shouldRenderChildren(),
                 hasExplicitStaffLock: this.model.get('has_explicit_staff_lock'),
                 staffOnlyMessage: this.model.get('staff_only_message'),
-                course: course
+                course: course,
+                useTaggingTaxonomyListPage: this.model.get("use_tagging_taxonomy_list_page"), // ENABLE_TAGGING_TAXONOMY_LIST_PAGE waffle flag
             };
         },
 
diff --git a/cms/static/sass/_build-v1.scss b/cms/static/sass/_build-v1.scss
index 2a32c688e5a1..46d258bd6af7 100644
--- a/cms/static/sass/_build-v1.scss
+++ b/cms/static/sass/_build-v1.scss
@@ -55,6 +55,7 @@
 @import 'elements/uploaded-assets'; // layout for asset tables
 @import 'elements/creative-commons';
 @import 'elements/tooltip';
+@import 'elements/drawer';
 
 // +Base - Specific Views
 // ====================
diff --git a/cms/static/sass/elements/_drawer.scss b/cms/static/sass/elements/_drawer.scss
new file mode 100644
index 000000000000..c18073be9864
--- /dev/null
+++ b/cms/static/sass/elements/_drawer.scss
@@ -0,0 +1,30 @@
+// studio - elements - side drawers
+// ====================
+
+.drawer-cover {
+  @extend %ui-depth3;
+
+  display: none;
+  position: fixed;
+  top: 0;
+  left: 0;
+  width: 100%;
+  height: 100%;
+  background: rgba(0, 0, 0, 0.8);
+}
+
+.drawer {
+  @extend %ui-depth4;
+
+  display: none;
+  position: fixed;
+  top: 0;
+  right: 0;
+  width: 33.33vw;
+  height: 100vh;
+  background-color: $gray-l4;
+}
+
+body.drawer-open {
+  overflow: hidden;
+}
diff --git a/cms/templates/course_outline.html b/cms/templates/course_outline.html
index f9f499c87bd8..9dd30f8ea8a8 100644
--- a/cms/templates/course_outline.html
+++ b/cms/templates/course_outline.html
@@ -279,7 +279,7 @@ <h3 class="sr">${_("Page Actions")}</h3>
                 course_locator = context_course.location
                 %>
                 <h2 class="sr">${_("Course Outline")}</h2>
-                <article class="outline outline-complex outline-course" data-locator="${course_locator}" data-course-key="${course_locator.course_key}">
+                <article class="outline outline-complex outline-course" data-locator="${course_locator}" data-course-key="${course_locator.course_key}" data-taxonomy-tags-widget-url="${taxonomy_tags_widget_url}">
                 </article>
             </div>
             <div class="ui-loading">
@@ -319,4 +319,7 @@ <h3 class="title-3">${_("Changing the content learners see")}</h3>
         </aside>
     </section>
 </div>
+
+<div id="manage-tags-drawer" class="drawer"></div>
+<div class="drawer-cover"></div>
 </%block>
diff --git a/cms/templates/js/course-outline.underscore b/cms/templates/js/course-outline.underscore
index 4550d102a6ad..a780156ba5da 100644
--- a/cms/templates/js/course-outline.underscore
+++ b/cms/templates/js/course-outline.underscore
@@ -187,6 +187,17 @@ if (is_proctored_exam) {
                         </a>
                     </li>
                 <% } %>
+
+                <% if (xblockInfo.isVertical() && typeof useTaggingTaxonomyListPage !== "undefined" && useTaggingTaxonomyListPage) { %>
+                    <li class="action-item">
+                        <a href="#" data-tooltip="<%- gettext('Manage Tags') %>" class="manage-tags-button action-button">
+                            <span class="icon fa fa-tag" aria-hidden="true"></span>
+                            <span>?</span>
+                            <span class="sr action-button-text"><%- gettext('Manage Tags') %></span>
+                        </a>
+                    </li>
+                <% } %>
+
                 <% if (xblockInfo.isDraggable()) { %>
                 <li class="action-item action-drag">
                     <span data-tooltip="<%- gettext('Drag to reorder') %>"