Roadmap to Institutionalize Natural Capital Accounting in the Philippines (Abridged).

This roadmap is designed to institutionalize Natural Capital Accounting in the Philippines, providing strategic guidance on integrating the value of ecosystem services into government planning and decision-making processes. Natural Capital Accounting (NCA) aims to integrate natural capital into government systems and strengthen policy frameworks for sustainable development by creating comprehensive accounts that measure the physical and monetary values of natural assets. It involves calculating adjusted macroeconomic indicators to better reflect economic activities and guiding decision-making, development planning, and investment towards sustainability. Additionally, NCA promotes the establishment of robust data management systems to ensure accurate compilation and analysis of natural capital accounts, supporting informed decisions and effective resource management.