GCash to help reforest, protect 300-hectare area in Ipo watershed
MANILA, Philippines – GCash has adopted 300-hectares (ha) of forest in the Ipo watershed in Norzagaray, Bulacan, as part of its conservation efforts.
In a statement on Tuesday, June 12, GCash said that in partnership with World Wildlife Fund-Philippines (WWF- Philippines) it will work on the reforestation, management, and protection of the forest.
GCash is operated by Globe Fintech innovations, Incorporated (Mynt). Mynt president and chief executive officer Anthony Thomas said they hope to contribute to water security, as well as the creation of sustainable cities and communities.
During the signing of the parthership with GCash on Monday, June 10, WWF-Philippines president and chief executive officer Joel Palma said that the reforestation and forest protection project can also help contribute to Metro Manila's water supply.
Under the partnership, WWF-Philippines will monitor and report the growth of trees sponsored by GCash for 3 years, considered enough time to notice improvements in the area.
The WWF-Philippines is already working with the Dumagat tribe to take care of the trees in the watershed.
"It’s not just about planting trees. You ensure that the existing seedlings are left to grow, and the degraded areas are planted with indigenous species. You take care of the whole system," Palma said.
GCash said it will unveil another environment-related project on June 25. – Rappler.com