Republic Acts1 min read
Section 4Sec./Art. 4
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Philippine Ecosystem and Natural Capital Accounting System. The PENCAS is hereby institutionalized within the government bureaucracy. The PENCAS shall be based on internationally accepted environmental-economic accounting frameworks. The PENCAS framework shall include, among others, a list of the officially designated statistics on the depletion, degradation, and restoration of natural capital; environmental protection expenditures; pollution and quality of land, air and water; environmental damages; and adjusted net savings.
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