Major Accomplishments In The Mining Sector Under The Arroyo Administration

MAJOR ACCOMPLISHMENTS IN THE MINING SECTOR UNDER THE ARROYO disposal by Secretary Horacio C. Ramos, Department of Environment & Natural Resources revival OF THE MINERALS INDUSTRY The termination of President Gloria Macapagal-Arroyo precisely recognized the major role of the minerals industriousness in socio-economic development. The program for the Revitalization of answerable Minerals Industry was smartly chased, promoting priority mining projects and initiating policy reforms to curb that the minerals industry shall importantly contribute to economic growth while providing for the equitable overlap of benefits, protection of the environment, and the development of host communities and pertain indigenous peoples. To jump-start the revitalization program, the President issued Executive identify No. 270/270A or the National Policy Agenda on Revitalizing digging in the Philippines. It is guided by 12 principles to ensure that responsible mining will be purs ued under the two-fold bottomline requirements of sustainable development.

To implement the EO, the DENR-Mines and Geosciences Bureau (MGB), in fusion with other(a) government agencies, the private sector and various stakeholders, formulated the Minerals immanent process Plan providing for the strategies to ensure environmental protection, equitable dispersion of the benefits of mining operations, recognition of the rights of indigenous peoples, community participation in decision-making processes, and transp atomic number 18nce in government and private-sector actions. Since the start of the revitalizatio n program, the minerals industry has achieve! d the succeeding(a): The promotion of mining investings and streamlining of the permitting process has led to higher(prenominal) investment inflows which reached US$640 Million in 2009, bringing the summation to US$2.8 Billion since the start of the Revitalization Program in 2004. more mineral development projects are in the grape and investments are expected to reach US$13.5...If you want to find a full essay, order it on our website: OrderCustomPaper.com

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