Calamities slowed Philippine economy, says Palace exec


Extreme weather and natural calamities like Tropical Storm “Ondoy” and Typhoon “Pedring” have cut down the country’s economic growth in past years, according to the vice chair of the Climate Change Commission (CCC).

The Philippines needs to adapt to the vagaries of severe weather events so as to blunt their impact on the economy and development, said Mary Ann Lucille Sering.

“There is a need to address the vulnerability of natural resources to climate change impact to ensure sustainable economic growth. Total Economic Valuation and Natural Resource Accounting should be pursued as part of the country’s adaptation strategy,” Sering said at a recent Green Economy High-Level Preparatory Workshop.

“We lost an average of 2 percent of our GDP due to damage caused by extreme events (‘Ondoy,’ ‘Pepeng,’ ‘Sendong’) during the last three years. Economic damage due to disasters have increased 18-fold since 1970,” she said.

Sering’s remarks were made amid the government report that the economy grew very feebly in 2011.

According to the National Statistical Coordination Board, the gross domestic product (GDP) grew 3.7 percent last year, missing the government’s official 12-month target of 4.5 to 5.5 percent.

Sering said private and public sectors should implement mitigation actions such as prioritizing energy efficiency, installing renewable energy technologies, and by pushing for low-emission development strategies.

There is also the need to enhance local capacities and technologies that are not only environment-friendly but can also help save on operations cost, which in turn creates green jobs.

The biggest storms in the past three years proved to be disastrous to the country’s economy. Government estimates said damage from Ondoy, which drowned most of Metro Manila in September 2009, have hit P11 billion.

The 2009 typhoon season also led to big losses in the agricultural sector.

Last year, Typhoons “Quiel”  and “Pedring” ravaged Central and Northern Luzon, where most of the vegetables and rice for Metro Manila come from.

According to the agriculture department, 1.1 million metric tons of rice were damaged in the second half of the year. About 85 percent of that was lost from Pedring alone.

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  • bogart73

    Calamity ba ang reason kaya nagslow ang philippine economy o sadyang dahil student council ang namumuno ngayon sa gobyerno? Noong panahon ba ng ibang namuno sa bansa, wala bang kalamidad na dumating?

  • bogart73

    Calamity ba ang reason kaya nagslow ang philippine economy o sadyang dahil student council ang namumuno ngayon sa gobyerno? Noong panahon ba ng ibang namuno sa bansa, wala bang kalamidad na dumating?

  • Ben

    Oh, really what a surprise! Anything can be blamed for that…but not in your government right?? Right??? I can`t hear youuu!!

    I have been harking about the PPP, INFRASTRUCTURES that were cancelled especially armoreed dikes and road and high speed rail and dredging systems…but no one listened…why? This government has to accomodate Roxas first before making any decisions, politcs first before really the economy, now he is is seating in there touted as the infrastructure czar…still in the plannnig stage..helllooo gising na hoy! Now you have an excuse when really that is not the real cause of the downtrun…it`s frugality in a wrong way and avoiding those projects that really will give a spark to the GDP…well continue the GOOD work….excellent calculated decisions!

  • Bonifacio Aquino


  • rodger66

    a few months ago, Lacierda told the public that world economy is the reason why the Philippine economy is sloppy, now it was because of calamities??? I hope ang susunod na bagyo ay tatama sa mismong Malacaniang at nang akoy maniniwala na !!!!

  • Ben_Benson

    B.S. !!!!  The incompetent President and the lazy politicians are to blame for and nobody or nothing else.

    Always they come up with their B.S. excuses and explanations.

  • bogart73

    Lahat na lang gustong sisihin ng gobyerno ni penoy, gloria arroyo nagnakaw sa kaban ng bayan, hindi maparusahan ang may mga kasalanan kasi nandyan sa supreme court si corona, ngayon pinakabago hindi umunlad ang ekonomiya dahil sa kalamidad.. Pag ganyan ang mentalidad ng ating mga namumuno sa gobyerno aba sa paraiso sila dapat magtrabaho, doon walang bagyo, walang magnanakaw at kasama pa si Lord.

  • Jon

    Palusot nanaman?
    Dadating kaya ang araw na magpapakalalaki ka Pwehnoy at aamin na nagkulang ka?
    Parati na lang si Gloria, kundi naman yung international economy, ngayon yung mga kalamidad.
    Tubuan ka naman sana ng itlog.
    Kailangan ng bayan ng isang tunay lider, hindi isang iyaking ayaw umako ng responsibilidad.

  • Philcor

    ipa impeach nyo na rin si Sendong mga ba liw kayo! dibidi dibidi!!!!!!!

  • Gatrut_JhE

    if calamities ang reason then in the remaining 3 years of this administration, we expect nothing? why? because every year may calamities. 3 more years, 3 more calamities, 3 more reason to blame it to others.

  • Air200

    korak………. why this administration put the blames to the Natural Calamities of its failure to stir the economy? when in fact, during arroyo’s adminstration the philippines hit by several co-equal catastrophies yet the GDP posted 6-7% compared to 3.7 in 2011….. for me and i think the majority will agree that it is the failure of this administration to launch programs, projects and measures to address all these economic predicament… I am expecting more projects for this year to help improve our economy……

  • carlorocci

    Wala ng masisi..nakakulong na si Gloria eh…patay na si Jose Pidal….Kaya kalamidad na lang ang “Sisihin natin mahal na Panggulo”….hehehehe… yun pagiging incompetence ng mga taga-Malacañan hindi pwede gawin dahilan….Bili muna ko DVD sa quiapo….

  • Shinigami

    Another lame excuse, the GMA excuse has been used up as well as the international economy. Lazy PNoy, puro politika lang ang ina-atupag at ang kanyang Hacienda.

  • Bert

    LAHAT nalang sisihin for the ANEMIC economic performance: Gloria, Corona, Pidal, Ondoy, Sendong, etc etc etc EXCEPT its INUTIL Economic Managers and the PRESIDENT HIMSELF….


  • tekateka

    Nakow! Palusot na naman!  Palibhasa 85% ng mga Pilipino ay mga Bobong skwater…

  • tekateka

    This is the first time that I wish Marcos was our President!

  • Pepito Manaloto

    Sisihin din sana si PeNoy ng susunod na administrasyon sa 2016 hahaha

  • tekateka

    2012 Solar Eclipse will slow down the Philippine Economy says Palace exec

  • negicbk

    kailan ba nawalan ng calamities sa pinas?
    sabagay, excellent ang grade ni NOY sa pagpasa ng kakulangan nya.
    sinisi at tinanggal nya si nilo ng pagasa dahil sa calamities 
    sinisi ang local officials at hindi pagasa (KKK) kay sendong.
    napaka simple lang makita kung diretso nga ang daan!
    maniwala pa ba kayo?

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