00000cab a22000004cb4500 IPP-00000302661 IPP 20200129134808.0 200129s2016 xx d | ||r |||||eng|| eng Quiñones, Ephraim C. Development and governance of a Pit Lake the case of Lubo Lake, Kibungan, Benguet, Philippines 2016 illustrations Decades of mine closures in the country have brought about the occurrence of pit lakes, which have the potential to be useful. This article assesses the governance and development of Lubo Lake, an example of a pit lake, through the lens of the Integrated Lake Basin Management's critical areas, which include institutions, policies, participation, technology and information, and finance. Results revealed the following: (a) in institutions, the decisive fac-tor is having a protective local government, which is resolute in preserving the natural resources of the municipality; (b) in policies, the key issue is the revision of a comprehensive land use plan which would serve as framework in managing, utilizing, and developing the pit lake; © in participation, the involvement of the community at large needs to be solicited through information campaigns on the potential benefits of the lake; (d) in technology and information, intentional or unintentional scientific intervention, plays and will continue to do so in the foreseeable future, an important role to develop the pit lake into an aquaculture fa-cility and; and (e) in finance, the funding problem is always an issue for the municipality, however, furthering the development of Lubo Lake necessitates exploring partnership with both the public and private sector. The governance and development of Lubo Lake offers a model for resource conservation. In addition, its governance experience offers broad guides for managing the many other former open pit mines around the country. Lake, Lubo Passage Journal Vol. IV (Jan. 2016 - Dec. 2016), 81-103 Article FI