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FOREIGN-ASSISTED AND SPECIAL PROJECTS SERVICE
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Pilot Ecosystem Account for Laguna de Bay Basin

This final report presents the collective findings of the Technical Working Group for Laguna de Bay ecosystem accounting, a pilot undertaking conducted between January 1, 2014 and December 10, 2015 in the lake region. The Laguna de Bay ecosystem account explores potential pathways to developing specific accounts based on a comprehensive framework called the System of Environmental-Economic Accounting-Experimental Ecosystem Accounting (SEEA-EEA), which shows the interactions between the economy and ecosystems, consistent with the System of National Accounts. Although experimental in nature, the account is replicable across time and geographical scales (e.g., national). It is also useful in policy making. Through this groundbreaking endeavor, substantial capacity has been built locally to produce ecosystem accounts and update them on a regular basis, thus helping ensure effective policy making and sustainable management of natural resources

File: 
PDF icon Laguna de Bay Technical Report.pdf
Project Title: 
Philippine Wealth Accounting and the Valuation of Ecosystem Services (Phil-WAVES)