The Blue Economy Act creates a new National Maritime Council to lead a unified strategy for sustainable use of the Philippines’ seas, renames the existing Coast Watch system, and sets up a five‑year‑reviewable policy framework, marine spatial planning, and incentives for “blue economic zones.” It also directs the BSP, SEC and government banks to promote green financing, requires the PSA to count marine ecosystem values in national accounts, and tasks local governments and agencies with implementing integrated coast
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB06297. Status changes over time; check the link for the latest.
HB06297 · Sources: BatasWatch
Similar in what they’d do, filed by any lawmaker.