Today, I chaired a joint hearing on two pivotal bills—the Philippine Ecosystem and Natural Capital Accounting System (PENCAS) bill, which integrates environmental inputs and outputs into national income accounts, and the Blue Economy bill, which centers on effective maritime governance.
In an era characterized by climate change and unprecedented biodiversity loss, we have an opportunity to evaluate the role of natural resources in the economic growth of our developing nation. Let us unite in our endeavor to forge a sustainable and prosperous future for our cherished nation!
