Tag page - Philippine Ecosystem and Natural Capital Accounting System (PENCAS)

President Marcos has signed into law a measure that will provide the government an accounting of the country's natural resources. (Noel B. Pabalate; document courtesy of Malacañang) The  Republic Act No. 11995 or the Philippine Ecosystem and Natural Capital Accounting System (PENCAS) law,...

The Senate on Wednesday, November 22 approved on third and final reading the bill that seeks to establish the proposed Philippine Ecosystem and Natural Capital Accounting System (PENCAS) law.    At least 23 senators in favor of Senate Bill No. 2439, with zero negative votes and zero...

Senator Loren Legarda has filed a bill seeking to develop and implement an ecosystem and natural capital accounting system that applies to the Philippine environment, giving importance to the role, value, and impact of the country’s natural resources on the economy. “For decades, the debate has...