NEDA UNDERSCORES IMPORTANCE OF NATURAL CAPITAL ACCOUNTING IN SUSTAINABLE DEVELOPMENT

With the government aiming for sustained economic growth of 7 to 8 percent in the medium term, there is a need to pay attention to the country’s natural resources and how they are used and managed, according to the National Economic and Development Authority (NEDA). “We want to ensure that our pursuit of economic growth continue reading : NEDA UNDERSCORES IMPORTANCE OF NATURAL CAPITAL ACCOUNTING IN SUSTAINABLE DEVELOPMENT

NEDA moves to develop system to account for use of environment and natural resources

The Philippine government has moved to develop a system to account for the use of environment and natural resources to ensure that development will be sustainable, according to the National Economic and Development Authority (NEDA). NEDA Deputy Director-General Emmanuel F. Esguerra said that such a system, called natural capital accounting (NCA), is important because the continue reading : NEDA moves to develop system to account for use of environment and natural resources