PRIMEX Chairman, Dr Jerome Sison, has been engaged by the Asian Development Bank (ADB) to work with a team of consultants to design a payment mechanism for environmental services and determine the economic and financial feasibility of interventions that will be proposed under a program aimed at strengthening environmental management in Brunei Darussalam, Indonesia, Malaysia, and Philippines (BIMP) - East ASEAN Growth Area (EAGA).
The other members of the design team are Mr. Jonathan Hampshire, Program Design Expert/Team Leader, and Mr. Peter King, Institutional Development Specialist. The ADB Mission Leader is Ms. Marilou Drilon, Natural Resource Economist of the Southeast Asia Regional Department.
The regional technical assistance project aims to strengthen the sustainable management of natural resources and produce an agreed design for a 15-year regional environment program (REP), in three cycles of five years each, for implementation by the four countries in the BIMP-EAGA.
Program design involves the following activities: (i) preparation of environmental and socioeconomic profiles of BIMP-EAGA; (ii) assessment of policies and institutional capabilities; (iii) formulation of the 15-year program; and (iv) generation of government support and forging partnerships for action.