Natural Resource Management – 2020

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Natural Resource Management – 2020

2020

Intermediate Implementation Intermediate implementation

A plebiscite ratified the Bangsamoro Basic Law on January 21, 20191.[1] The law established revenue sharing for natural resource profits between the national and regional governments, as well as revenue sharing between the regional government and local governments. Additionally, the law required that Indigenous groups be given an equal share of profits from resources on their land. However, the specific mechanism and percentages were to be defined in later law.[2]

[1] “Fifth public report,” Third Party Monitoring Team, March 11, 2019.

[2] “Republic Act No. 11054,” Article XII, Sections 34, 35, and 36.