When it comes to natural resources, conflicting interests are a problem that is neither new nor geographically unique. At one time or another, governments all over the world have been faced with a call to develop natural resource policies that balance economic and energy needs with the desire to protect and preserve the environment. These policies can be the extractive industries’ biggest headache and the environmentalists’ worst nightmare. The struggle to balance competing resource and environmental interests is nowhere more apparent than in the international mining industry. Interestingly, an innovative new model for striking a balance among these interests has presented itself in a small but mineral-rich country on the other side of the world: the Philippines.
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