Natural Capital Accounting law to help value PH natural resources, ease deals for carbon credits.

The Natural Capital Accounting (NCA) law, as proposed by NEDA chief Arsenio Balisacan, aims to institutionalize the process of valuing the Philippines' natural resources. This legislation is a crucial step in enhancing the government's capacity to manage and utilize its environmental assets effectively. By formalizing the NCA, the Philippines seeks to streamline transactions related to carbon credits and reforestation efforts, reinforcing its commitment to environmental stewardship and sustainable development​.

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