DENR Calls on Private Sector to Spearhead Climate Action through Reforestation Investment
Manila: The Department of Environment and Natural Resources (DENR) is calling on the private sector, particularly the business community, to invest in large-scale reforestation efforts. This initiative aims to combat climate change while providing access to carbon credits and new green economic opportunities. According to Philippines News Agency, Environment Secretary Raphael Lotilla highlighted the dual role of forests as environmental buffers and economic assets, with potential benefits from carbon credits in sustainable forest management areas. Lotilla posed a challenge to the business sector to view themselves not merely as producers of carbon credits but as active participants in capturing the