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ON
APPLIED
ECONOMICS:
RESOURCE
ALLOCATION
BSBA-FM3
Submitted to:
Sheryl S. Garniel
Introduction
Interpretation of Data
3. Can you explain the process you follows to determine funding allocations for
specific regions or ecosystems within Marinduque?
The DENR employs a systematic approach to determine funding allocations for
specific regions or ecosystems within Marinduque. This process begins with a thorough
assessment of environmental needs, including biodiversity richness, habitat health, and
vulnerability to degradation. Through consultation with stakeholders, including local
communities, indigenous groups, and government agencies, priority areas are identified,
considering urgent conservation requirements and stakeholder input. Subsequently, the
DENR formulates tailored conservation plans and strategies, aligning them with national
and regional conservation goals. Budget proposals are developed based on these plans,
incorporating criteria such as the severity of threats, potential impact, and feasibility of
implementation. After internal and external review, approved funds are disbursed to
support the implementation of conservation projects and activities. Throughout
implementation, the DENR monitors progress and adapts strategies as necessary based on
evolving conditions and feedback. This systematic process ensures transparent,
accountable, and effective allocation of resources to advance environmental conservation
and sustainable development goals in Marinduque.
Conclusion