I. decision to extract and fiscal regimes
The Philippines consists of 7,507 islands with a land area of 300,000 square kilometers - about the size of Norway or New Zealand or Burkina Faso or Ecuador, and a population of 101 million as of 2015. The country is located along the Pacific Ring of Fire so it does not come as a surprise that the country has tons of minerals.
How does the Philippines fare relative to its Asia Pacific neighbors?
How does the Philippines fare relative to its Asia Pacific neighbors?
answer:
Ii. social and environmental costs
The Philippines consists of 7,507 islands with a land area of 300,000 square kilometers - about the size of Norway or New Zealand or Burkina Faso or Ecuador, and a population of 101 million as of 2015. The country is located along the Pacific Ring of Fire so it does not come as a surprise that the country has tons of minerals.
According to the Mines and Geosciences Bureau and the Department of Energy as reported in the Philippine Extractive Industries Transparency Initiative 2016 Country Report, we are very rich in natural resources. How rich?
According to the Mines and Geosciences Bureau and the Department of Energy as reported in the Philippine Extractive Industries Transparency Initiative 2016 Country Report, we are very rich in natural resources. How rich?
IiI. ACTIVITY:
- Poor governance and lack of investments.
- Human rights violations.
- Environmental degradation and climate change.
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