Geography of the Philippines Bay. Laguna de Bay, east of Manila Bay, is the largest freshwater lake in the Philippines. Several rivers have been harnessed for hydroelectric power. To protect the country's biological resources, the government has taken a first step of preparing a Biodiversity Action Plan to address conservation of threatened species. The islands are volcanic in origin, being part of the Pacific Ring of Fire, and are mostly mountainous. The highest point in the country is the peak of Mount Apo in Mindanao, which is above sea level. The second highest point can be found on Luzon at Mount Pulag, a peak
Laguna Lake Development Authority policies to curb the possibility of stressing the lake’s assimilative capacity. The most recent policy was the Environmental User Fee System (EUFS). The EUFS was implemented by virtue of LLDA Board Resolution 22 in 1996. The objective of the policy was to “…(reduce) the pollution loading in to the Laguna de Bay by enjoining all discharges of liquid wastes to internalize the cost of environmental degradation…”. Formally, the said board resolution aptly defined the EUFS as a “market–based” policy instrument aimed at reducing the pollution loading in the lake. As such, companies found to have unusually high concentration of pollutants