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DBP extends P5.39M for Tarlac reforestation, flood mitigation projects
SAN JOSE, Tarlac—State-owned Development Bank of the Philippines (DBP) and the Provincial Government of Tarlac recently signed a memorandum of agreement with the former donating P5.39 million to jump-start reforestation activities in San Jose, Tarlac and mitigate local flooding risks. Under the DBP Forest Program (DFP), the bank’s funding empowers the local government to plant 22,440 native and fruit-bearing trees that includes narra, palosapis, Benguet pine, lauan, tamarind, and duhat across at least 100 hectares of open and degraded grasslands and forestlands. Once mature, the forest is expected to absorb about 449 metric tons of carbon dioxide every year and strengthen […]...Keep on reading: DBP extends P5.39M for Tarlac reforestation, flood mitigation projects
SAN JOSE, Tarlac—State-owned Development Bank of the Philippines (DBP) and the Provincial Government of Tarlac recently signed a memorandum of agreement with the former donating P5.39 million to jump-start reforestation activities in San Jose, Tarlac and mitigate local flooding risks. Under the DBP Forest Program (DFP), the bank’s funding empowers the local government to plant 22,440 native and fruit-bearing trees that includes narra, palosapis, Benguet pine, lauan, tamarind, and duhat across at least 100 hectares of open and degraded grasslands and forestlands. Once mature, the forest is expected to absorb about 449 metric tons of carbon dioxide every year and strengthen […]...
Keep on reading: DBP extends P5.39M for Tarlac reforestation, flood mitigation projects
Keep on reading: DBP extends P5.39M for Tarlac reforestation, flood mitigation projects
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