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          Since its incorporation in 1992, REECS has provided expertise in the conduct of interdisciplinary research, economic analysis, policy study, resource planning and management, project planning and implementation, technical assistance, training programs and consultancy services.  Working as an interdisciplinary team in range of projects in the environmental and natural resources field, it pioneered the introduction of environmental accounting and application of resource economics as a 'decision tool' for improving the environment and natural resources conditions in the Philippines.

         REECS specializes in discerning environment-economic interactions and in strengthening associated institutions which are done within a holistic framework.  Its work has generated information used to recommend changes in the current environmental and natural resources policy regime.  These policies, in effect, have enabled the implementation of policies and programs in the field of environment and natural resources.

        REECS has extensive experience on watershed planning and management, resource pricing and design of economic instruments such as pollution charges and user fees, coastal management, valuation studies, and environment and natural resource accounting. One of the areas where REECS has comparative advantage is in the field of environmental service payments. REECS advocates the institutionalization of a system that will pay the providers of environmental services for their activities along this line.