The Philippine Institute for Development Studies (PIDS) is urging lawmakers to strengthen and expand the Blue Economy Act to protect the country’s coastal and marine resources while promoting sustainable growth.
PIDS highlighted that the proposed bills aim to integrate environmental protection, green technologies, and social equity into maritime governance aligned with the Philippine Development Plan and UN Sustainable Development Goals.
The think tank recommended establishing a strong governing body with competent technical personnel to effectively coordinate blue economy initiatives across agencies and stakeholders.
PIDS also called for enhanced provisions on ecological integrity and waste management to address ocean pollution, noting the Philippines’ significant contribution to plastic pollution.
President Ferdinand Marcos Jr. supports the legislation, while senators continue efforts to advance the stalled Blue Economy Act for sustainable coastal and marine resource management.
Source: PhilNews24 | October 3, 2025
Latest from Business
PLDT Inc. will become the first telecom company in Southeast Asia to deploy an advanced agentic
The Foundation for Economic Freedom (FEF) is pushing for a reduction in corn import tariffs from
The Bank of the Philippine Islands (BPI) has entered a multi-year partnership with The Walt Disney
Fuel prices in the Philippines are set for another round of rollbacks on Tuesday, April 21,
Job creation remains the government’s top priority, with Finance Secretary Frederick Go identifying BPO, semiconductors, electronics
