PCSD holds 3rd Quarter Meeting
Socio-Economic Planning Secretary and NEDA Director-General Arsenio M. Balisacan chaired the 3rd Quarter Philippine Council for Sustainable Development (PCSD) meeting last 03 October 2014 at the NEDA Board Room in Pasig City. During the meeting, the Council approved the conduct of Effectiveness Review and Assessment of PCSD.
The study aims to provide a comprehensive assessment of the current structure and functions of the PCSD in view of enhancing the Council’s capacity to lead the country’s achievement of the sustainable development goals and targets.
The meeting was participated by officials from NEDA, DFA, DENR and representatives from business sector and CSOs.
Proposed Fiscal Regime for Revenue Sharing Arrangements for Large Scale Metallic Mining
The PCSD discussed the proposed legislation on “New Fiscal Regime and Revenue Sharing Arrangements for Large Scale Metallic Mining,” presented by Director Nestor P. Arcansalin of the BOI-Resource Based Industries, Director. The bill proposes agreements for large-scale metallic mining operations. Guaranteed minimum share of the government (10% of gross revenue or 55% of the Adjusted Net Mining Revenue, whichever is higher) shall be allocated to the national government and the LGUs hosting the Mining Industry Zone (MIZ) at 60% and 40% ratio, respectively. Data requirements for the congressional hearings on the mining fiscal regime are currently being prepared.
Vulnerability Assessment of Eco-towns
The Climate Change Commission (CCC) also presented the “Vulnerability Assessment of Eco-town Pilot Areas.” The Eco-town refers to a planning unit composed of municipalities located within and around boundaries of critical key biodiversity areas which are at high risk to climate change. Particularly, the project seeks to enhance to adaptive capacity of communities, resilience of natural ecosystems, and sustainability of built environment to climate change.
Currently, there are ten (10) municipalities that were identified by the CCC for the implementation of the project. The vulnerability assessment looked into five dimensions namely health, coastal, forestry, agriculture, and water. Accompanying the results are adaptation and mitigation measures which the CCC has identified and which will serve as a guide in enhancing local municipal plans. The project is also planned to be upscaled at the provincial level.
Philippine Position for UNCBD COP12
In preparation for the 12th meeting of the Conference of Parties (COP 12) of the Convention on Biological Diversity (CBD), Director Theresa Mundita Lim of the DENR-Biodiversity Management Bureau presented the country position/inputs for the meeting. The Philippine positions to COP12 highlight issues and concerns on: the progress towards the goals of the Strategic Plan for Biodiversity 2011-2020; the interventions on financial mechanism and resource mobilization; biodiversity and sustainable development; marine and coastal biodiversity; and new and emerging issues, such as synthetic biology among others.