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DBP eyes expanded partnerships for NG reforestation drive
Manila Bulletin
|May 10, 2025
State-owned Development Bank of the Philippines (DBP) would aggressively expand its network of sectoral partners and linkages as the Bank aims to ramp up support to the National Government’s efforts to rehabilitate and improve forest cover in key areas across the country, a top official said.
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DBP President and Chief Executive Officer Michael O. de Jesus said that the Bank has committed to reforest 7,500 hectares of land through its DBP Forest Program (DFP) and contribute to the Department of Environment and Natural Resources’ (DENR) flagship Forests for Life: Five Million Trees by 2028 Program.
“DBP shares with the DENR's vision of restoring biodiversity in the country, mitigating the effects of climate change, and ensuring a more resilient and sustainable future through the cultivation of five million trees,” de Jesus said.
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