Given the millions of people affected, development will remain a top focus.

Currently, they lack the resources to meet their most basic demands. However, there
are limits to how much material consumption and pollution the Earth can endure.
Economic expansion is currently a double-edged sword: while it raises living
standards in the near term, it can destroy the natural infrastructure required to ensure
long-term welfare. Ecologically sustainable development must preserve ecosystem
resilience—the ability of ecosystems to continue providing services to future
generations in the face of natural and human-caused disturbances. Many present
ecosystem management systems are unsustainable, relying on a single service (such as
food, fuel, or fiber production) to the exclusion of others. By eradicating native
species, introducing new and hazardous species, changing and simplifying habitat,
and contaminating the surrounding environment, such efforts can degrade biodiversity
and ecosystem resilience.

The World Bank in the Philippines

Domestic growth is strong in the Philippines, while global challenges are affecting
prospects. The Philippine government is implementing its 8-point socioeconomic
agenda and the Philippine Development Plan 2023-2028 to ensure inclusive, resilient,
and sustainable growth for a prosperous society.