"Groups hopeful PENCAS will bare cost of mining to communities", 31 May 2024

Environmental groups welcomed the approval of the Philippine Ecosystem and Natural Capital Accounting System (PENCAS) which aims to measure the Philippines’ natural resources and their impact on the economy.

Alyansa Tigil Mina (ATM) said Republic Act No. 11995 or the the PENCAS act could help determine the social and ecological costs of mining in specific areas in the Philippines.

“These are needed in the cost-benefit analyses of past, present and future mining projects and in evaluating whether certain projects are even worth pursuing,” said Jaybee Garganera, national coordinator of ATM.

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