QUICK READ: Energy Development Corporation collaborates with the Palawan Council for Sustainable Development to propagate more Philippine native trees endemic to Palawan island.
LOPEZ-led geothermal leader Energy Development Corporation (EDC) in collaboration with its newest BINHI partner, the Palawan Council for Sustainable Development (PCSD), aims to rescue and propagate more Philippine native tree species endemic to Palawan island.
With the recent signing of the Memorandum of Agreement (MoA) between the two above-mentioned institutions, more endangered tree species endemic to Palawan island such as the Palawan mangkono (Xanthostemon speciosus), Manggis (Koompassia excelsa), Narig-laot (Vatica maritima) and Palawan narig (Vatica mangachapoi ssp. obtusifolia) that are on the brink of extinction are targeted to be rescued and propagated through the in-situ conservation project under the BINHI program.
BINHI, EDC’s nationwide forest restoration program and the country’s largest private sector-led greening initiative, aims to restore denuded forests, preserve and propagate threatened native tree species, and protect biodiversity to leave a legacy of a verdant Philippines for future generations.
In-situ conservation, one of the restoration processes under the BINHI program, is the process of conserving ecosystems and natural habitats and the maintenance and recovery of viable populations of species in their natural surroundings. Through this process, the BINHI team aims to rescue and propagate Palawan Narig, Narig Laot, and 12 other Palawan-endemic tree species identified to be critically endangered and near extinction. The team shall also provide technical assistance and expertise to PCSD during the implementation of the project.
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.