Republic Acts1 min read
Section 5Sec./Art. 5
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Objectives of the PENCAS. - The PENCAS shall have the following major objectives:
(a) Support economic, environmental, and health policy development and decision-making;
(b) Provide a system for the collection, compilation, and development of physical and natural capital accounts in the government as a tool for physical and development planning and programming, policy analysis, and decision-making;
(c) Serve as a comprehensive data framework in the generation of natural capital statistics and accounts towards their progressive integration in macroeconomic indicators;
(d) Provide tools and measures that contribute to the protection, conservation, and restoration of ecosystems; and
(e) Provide valuation of ecosystem services such as provisioning, regulating and maintenance, and cultural services.
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