Feature Articles:

Health enthusiasts and experts unite at the USANA Health Symposium

USANA Philippines, in its unwavering commitment to promote health...

Lopez eyes enterprise development program for IPs

Environment Secretary Gina Lopez is eyeing the prospect of providing financial support for indigenous peoples (IPs) who wish to set up their own businesses.

 

Lopez said she plans to establish an enterprise development program for IPs using the resources of the state-owned Natural Resources Development Corp. (NRDC), the corporate arm of the Department of Environment and Natural Resources (DENR).

 

The new DENR chief said she wants to instill entrepreneurship among IPs and help them improve their lives.

 

“To my delight, I have found out that one of the GOCCs (government-owned and -controlled corporations) of the DENR is the NRDC,” Lopez said.

 

She has directed the corporation to draw up the mechanics of a program to provide financial and other forms of assistance to IPs and to set aside the needed funds.

 

“When I went to Palawan, I found out that the IPs there have abaca, rattan and almaciga. They have so much in their lands, but they do not have the money [to start their own business],” she pointed out.

 

According to Lopez, the IPs normally seek the help of Chinese traders for business capital. As a result, she said, these traders “use the ancestral rights of the IPs to get their natural resources and money.”

 

“What if the IPs conduct a joint venture with the NRDC? This means that if they lack the capital or the financial resources, we can give it to them,” Lopez said.

 

Established in 1982 by virtue of Executive Order No. 786, the NRDC aims to promote investment in natural resources-based industries by providing financial, technical or management support.

 

“All I need is an approval from the President that the net income there flows back to the community,” Lopez said.

 

She added: “If that is allowed, which I am almost sure because he is for the people, then the DENR can be great tool for poverty alleviation in areas where there are environmental concerns.”

 

 Lopez cited the La Mesa Ecopark in Quezon City as an example of an ecological area which earns P40 million a year.

 

She said there are around 17,000 couples holding their prenuptial photo-shoots in the ecopark. “If we convert all those photo-shoots into income, that’s how much money the community gets.”

 

“I want to replicate that kind of entrepreneurial venture in all our National Greening Program areas, which means that after we do agroforestry, we go to business, and the money goes to the community,” Lopez said.

 

“We need to put a spirit of enterprise in all the areas so that the people would benefit.” ### (DENR Strategic Communication and Initiatives Service)

Latest

Health enthusiasts and experts unite at the USANA Health Symposium

USANA Philippines, in its unwavering commitment to promote health...

BRICS kalutasan sa posibleng WW3, Pilipinas dapat nang umanib

Sa magkakasunod na pandaigdigang pulong na naganap nitong huling...

Newsletter

spot_img
spot_img

Don't miss

Health enthusiasts and experts unite at the USANA Health Symposium

USANA Philippines, in its unwavering commitment to promote health...

BRICS kalutasan sa posibleng WW3, Pilipinas dapat nang umanib

Sa magkakasunod na pandaigdigang pulong na naganap nitong huling...

PAO Chief Persida Acosta patuloy na isusulong ang hustisya para sa masa

Buong pagmamalaking ibinahagi ni Public Attorney's Office Chief Atty....
spot_imgspot_img

Ant International deploys AI to streamline and protect cross-border transactions for nearly 100 million SMEs worldwide

AI-based FX model able to predict hourly currency exchange rates Anti-deepfake technology has detection success rate over 99% November 12, 2024, Singapore – Ant International, a...

Health enthusiasts and experts unite at the USANA Health Symposium

USANA Philippines, in its unwavering commitment to promote health and wellness, recently conducted its second health symposium held at the SMX Convention Center in...

PayPay and Alipay+ extend enhanced e-wallet payment options to over 3 million merchants across Japan with expanded partnership

SINGAPORE, 6 November 2024 – At the Singapore FinTech Festival 2024, PayPay, Japan's top QR payment operator, today announced an expanded partnership with Alipay+,...