Environmental Accounts

Damages Due to Natural Extreme Events and Disasters Amounted to PhP 463 Billion

The damages incurred due to natural extreme events and disasters amounted to PhP 463 billion from 2010 to 2019. Agriculture posted the largest share with 62.7 percent or PhP 290 billion followed by infrastructure, and private/communications with 23.0 percent or PhP 106 billion and 14.3 percent or PhP 66 billion respectively (Table 4.5, and Table 4.7).

Country’s total water abstraction increased by 12.3 percent from 2010 to 2019

The country’s total water abstraction, or the amount of water that is removed from its source either permanently or temporarily, has increased by 12.3 percent, from 194.1 billion cubic meters (bcm) in 2010 to 218.0 bcm in 2019 (Figure 1). For the same period, on the average, 98.1 percent of the total abstraction was from lakes, artificial reservoirs, rivers and streams (surface water) and the remaining 1.9 percent from groundwater reservoirs. On the average, 98.9 percent of the abstracted water was for own use while the remaining 1.1 percent was intended for distribution to other economic units.

Country’s Nickel, Chromite, and Gold reserves increased from 2013 to 2018, Copper reserves remained on the same level

The total nickel reserves in the Philippines has increased by 1.5 percent from 2.02 billion metric tons (MT) in 2013 to 2.05 billion MT in 2018. This increase is mainly attributed to reappraisals recorded during the period, with a net total of more than 158 million MT (Table 1.1 and Figure 1.1). Meanwhile, Class A reserves, or the portion of the total reserves which is commercially recoverable, saw a decrease from 1.03 billion MT in 2013 to 0.95 billion MT in 2018 (Table 1.2 and Figure 1.1). Nickel extraction was stable during the period, ranging from 25 to 35 million MT, with the highest recorded in 2014 (Table 1.2 and Figure 1.2).

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