Recent statistics of fishery production in the Philippines reveal outputs that are either declining (municipal fishery) or levelling off (commercial fishery and aquaculture). These trends are, in part, a reflection of the serious effects of unregulated economic activities in the coastal zone. The degradation of coastal ecosystems means a loss of livelihood among many communities of impoverished fishers as catches from municipal waters have declined over the years. Considering that mangroves, seagrasses, and coral reefs are vulnerable to anthropogenic perturbations, several development strategies are presented to meet the twin issues of ecosystem conservation and food security for coastal fishing communities. Mariculture, searanching, habitat alteration and restoration are a few of these strategies. Our recent experience in village-based reef resource management in Mararison Island, central Philippines may likewise be a viable option in the management of shoreward ecosystems (mangroves and seagrasses). In particular, the establishment of a marine reserve in the island may find some relevant applications in mangrove management and development.