II. MECHANISMS FOR INTEGRATING ENVIRONMENTAL CONSIDERATIONS INTO OVERALL ECONOMIC POLICIES
C. Initiatives in economy-environment integration
2. Strategy of the Philippines for sustainable development
A distinct effort at integrating the environment and economy was the formulation of PSSD which seeks to address the adverse impact of growth and development. Its goal is to achieve and maintain economic growth without depleting the stock of natural resources and degrading environmental quality. PSSD consists of a set of general strategies which are aimed at resolving and reconciling the diverse and sometimes conflicting environmental, demographic, economic and natural resource use issues arising from the development efforts of the Philippines. Notable among those strategies is the provision for the "integration of environmental considerations in decision-making". The strategy recognizes that economic and environmental concerns must be addressed simultaneously in the planning/decision-making process.
The conceptual framework of PSSD for environmental planning and management was incorporated during the updating of the 1987-1992 Medium-Term Philippines Development Plan. The adoption of PSSD is mandated by Cabinet Resolution No. 37 which directs all pertinent agencies to review their respective development programmes and projects for consistency with the PSSD framework.