ProGED and the Road to Greening Enterprises Vickie Antonio

Rationale The threat Philippines is the third most vulnerable country to climate change in the world Environmental stress (such as pollution of water, air, soil; deforestation) erodes the very basis of economic development The opportunity Green Economic Development is a driver for competitiveness, innovation, new markets, jobs  inclusive growth and poverty reduction

Project Background Project objective: To enhance the competitiveness of enterprises through the adoption of climate smart and environment friendly technologies Three year project (until December 2015) to be implemented with DTI – Pilot in the tourism sector in Bohol and Cebu – Upscaling outside of the Visayas in year 2

Areas of Intervention More MSMEs acquire information on the require- ments and possibilities to access green finance Information and awareness on GED Green service facilitation and match making Green framework conditions Awareness on the benefits of “greening” Information on services and suppliers of technology Access to financing to support implementation

Green Finance Mission of Dr. Wolfram Hiemann – 15 April to 3 May – Olga Caday-Asana, Jimmy Loro, Fabian Barsky – Interviews with banks and other financing institutions, government, enterprises, and NGOs in Manila, Cebu and Bohol – With the support of DTI Cebu and Bohol ProGED Office in Cebu

Program Morning – The Costs of Going Green, Dr. W. Hiemann – Consulting Services DOST, ASSIST, RECP SMART Cebu, Green Architect Afternoon – Financing Institutions offering green products and/or products for MSMEs BPI Globe BanKO Development Bank of the Philippines SB Corporation Philexim Land Bank of the Philippines Open Forum and Networking Activity