MPIF’s interventions for the Tubbataha Reefs Natural Park in Palawan is done through its environmental flagship program, Shore It Up!
Metro Pacific Investments Corp.(MPIC) and the Asean Centre for Biodiversity (ACB) have signed an agreement to collaborate towards biodiversity conservation, social development, and nature-based solutions in the Asean following the triple bottomline approach.
MPIC and ACB will provide support for each other’s initiatives and promote the importance of mainstreaming biodiversity in core business processes. The partnership aims to implement joint programs that communicate the values of biodiversity and ecosystem restoration.
“MPIC has always strived to go beyond providing essential services, purposefully operating our businesses with the future of both our people and our planet in mind,” said MPIC chairman and CEO Manuel V. Pangilinan. “We acknowledge that this goal is more within reach if we have partners like ACB who share our principles and our passion to put them into action.”
ACB, an intergovernmental regional center with a commitment towards conservation and sustainable use of biological diversity, engages the private and various other sectors in the Asean in promoting collaboration among the Asean member-states (AMS). It plays a valuable role specifically in policy development and coordination, human and institutional capacity development, knowledge management, and strategic communication, education, and public awareness on the value of biodiversity in business and finance.
The partnership underscores MPIC and ACB’s reputable credibility in championing biodiversity conservation in the Asean. Through this collaboration, both parties will zero in on protecting and restoring ecosystems, enhancing synergies to address deforestation and forest degradation, strengthening support for the conservation of coastal and marine biodiversity, promoting the value of the Asean region’s natural capital and advancing transformative change towards a circular economy, and enhancing investments and nature-positive contributions to biodiversity as a fundamental component of pandemic recovery and prevention.
Since the signing of the Mmemorandum of understanding (MOU), both MPIC and ACB have determined areas of collaboration that each can beef up with the required help and support, including efforts such as the Asean Green Initiative, business and biodiversity dialogues, and the Asean Biodiversity Heroes Program. ACB will likewise integrate its expertise to aid Metro Pacific Investments Foundation’s interventions for the Tubbataha Reefs Natural Park in Palawan through its environmental flagship program, Shore It Up!
