ContinuedHe said Tampakan, along with two other copper-gold projects Silangan and Kingking, can increase yearly national government revenues by P12 billion a year, local government revenues by P1.5 billion, exports by almost $2 billion, and social expenditures by close to P800 million per year. Toledo said royalties to indigenous tribes may also increase by over P600 million annually. The Philippine Mining Act of 1995 is considered by many industry experts to be one of the most advanced mining laws. Its social and environmental provisions are comparable to measures formulated in industrialized nations. What is needed is to increase the capability of government, both national and local and the political will to fully implement it,Toledo said. Meanwhile, Toledo also expressed hope that the next government would further its roles as facilitator, partner, and demonstrator of environment, social, and governance (ESG) best practices in the mining sector.