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Palawan’s Natural Assets to Undergo Recreational Services Accounting

December 05, 2016 |


This article was originally published on Rappler.

“PUERTO PRINCESA CITY, Philippines – White sand beaches, towering limestone cliffs, lush forests, and incredible diving sites are just a few of the images associated with Palawan. This paradise-like island province has lots of breathtaking natural attractions to offer, making it one of the top choices for both domestic and foreign tourists.

But how much does it really contribute to the Philippine economy?

This is what the World Bank-funded Philippine Wealth Accounting for the Valuation of Ecosystems Services (Phil-WAVES) is trying to find out as it assesses the value of recreational services provided by Palawan’s rich environment…”

Read on at: Rappler

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