The Philippines is producing mineral, mangrove, and ecosystem accounts. The data generated will give a clearer picture of the country’s natural capital resources and provide input for investment and policy decisions.
This Technical Report, and its accompanying Policy Brief, provide a social and economic valuation of the flood protection benefits from mangroves in the Philippines. This work aims to support decisions across development, aid, risk reduction and conservation sectors as they seek to identify sustainable and cost-effective approaches for risk reduction.
Wealth Accounting and the Valuation of Ecosystem Services (WAVES) is a World Bank-led global partnership that aims to promote sustainable development by ensuring that natural resources are mainstreamed in development planning and national economic accounts.