Bais Bay is one of the Philippines’ largest marine protected areas, part of the Tañon Strait Protected Seascape (TSPS).
A private company currently operates the country’s power transmission network, which will be a challenge for investors.
The new report updates findings from initial assessments published in 2016.
The species is believed to be extremely rare and possibly threatened.
The agreement takes effect immediately and will last for four years.
The bill also aims to prohibit destructive fishing practices in municipal waters.
La Mesa Ecopark is the largest ecological park to transition to renewable energy.
“We’re in a new climate reality.”
The framework follows the enacment of the Philippine National Nuclear Energy Safety Act.