THE Philippines must utilize its ocean resources through a sustainable "blue economy" strategy to drive inclusive economic growth and ensure long-term ecological flexibility, the Asian Development Bank (ADB) said in its latest analysis series published this month.
"Addressing environmental degradation, enhancing policy coordination, and promoting sustainable, marine-based industries will be critical in unlocking the full potential of the country's ocean resources," the Asia-Pacific financial institute's Asian Development Outlook (ADO) 2025 said, noting that the Philippines — with over 7,500 islands and having one of the world's longest coastlines — is in a unique position to tap the economic potential of its vast marine territory.
Continue reading with one of these options:
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)