Binhi was one of the Commitments to Action declared by Chairman Lopez during the Clinton Global Initiative Meet in Hong Kong. Energy Development Corporation (EDC) was identified as the implementing arm of the said greening legacy. “It was perhaps auspicious that EDC joined the Lopez Group at a time when the Lopez family was looking for the best means to implement the family’s greening legacy. EDC needs a healthy forest cover to sustain the underground reservoir that provides geothermal energy, its core business. It is precisely its nature of business that makes EDC the fertile ground to germinate Binhi, so to speak,” Chairman Lopez said.
The program will establish tree parks of rare and endangered species in all provinces of the country, reforest gaps of critical forest ecosystems, expand agroforests and plantations to serve as livelihoods for forest dwellers and convert geothermal watershed areas to ecotourism spots.
The Energy Development Corporation (EDC) is a pioneer in generating 100% clean, renewable, and reliable power as an electricity supplier in the Philippines for over 40 years. With power plants all over Visayas and Mindanao, the company is one of the biggest producers of geothermal energy in Asia and is expanding its reach in the international market, allowing it to offer customers affordable energy rates. EDC also strives to provide the best customer service it can to all its clients by having helpful salespeople and easy to understand contracts. Because of all of this, it is poised to become the premier supplier of electricity for the Philippines’ Green Energy Option Program. EDC takes its mission as a renewable energy provider seriously and goes beyond sustainability by investing in programs that enhance the environment and empower its partner communities, thereby fostering regenerative development. The company has also been working toward being carbon-neutral by improving its energy efficiency, as well as implementing various greening projects to ensure that its mission to provide future generations with a better life remains intact.