MEMORANDUM

FOR : The Director

Policy Studies Division

FROM : The Director

SUBJECT : CONCURRENCE ON HOUSE BILLS ON

PHILIPPINE ECOSYSTEM AND NATURAL
CAPITAL ACCOUNTING
This has reference to your Memorandum requesting for
concurrence/comments pertaining to the abovementioned matter.
Human well-being has several key components: basic material needs
for a good life, freedom and choice, health, good social relations and
personal security.
Ecosystems are essential for human well-being through their
provisioning, regulating, cultural and supporting services. Evidence in
recent decades of escalating human impacts on ecological systems
worldwide raises concerns about the consequences of ecosystems changes
for human well-being.
Human well-being can be enhanced through sustainable human
interaction with ecosystems with the support of appropriate instruments,
institutions, organizations and technology. Creation of these through
participation and transparency may contribute to people’s freedom and
choices and to increased economic, social and ecological security.
Participatory governance ensures an equitable representation of
different interests and societal groups in decisions and processes that
directly affect people’s lives.
For poor people, the greatest gains in well-being will occur through
more equitable and secure access to ecosystems services.

College, 4031, Laguna, Philippines

Tel Nos: (6349)5363628; 5362229; 5362269 Fax No. (6349)5362850
E-mail: erdb@denr.gov.ph
 Relative thereto, ERDB welcomes and fully supports the
institutionalization of the Philippine Ecosystem and Natural Capital
Accounting System in DENR to carefully manage our resources  as we
promote the use of science and research to inform public policy in
achieving sustainability for all sectors.
For your consideration.

MARIA LOURDES G. FERRER, CESO III

Director

College, 4031, Laguna, Philippines

Tel Nos: (6349)5363628; 5362229; 5362269 Fax No. (6349)5362850
E-mail: erdb@denr.gov.ph