ADFIAP, Partners conduct briefing on Sustainable Consumption and Production

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The ADFIAP Consulting (AC) group, in cooperation with EfA of NRW, Germany, the Development Bank of the Philippines (DBP) and the European Chamber of Commerce of the Philippines (ECCP) on behalf of their main partner, SEQUA of Germany, conducted an executive briefing and workshop on sustainable consumption and production (SCP) for ADFIAP members and other financial institutions on June 29, 2010 at the DBP Training Center in Makati City, Philippines. The event was attended by 28 participants from ADFIAP members DBP, Land Bank of the Philippines, Philippine Export and Import Agency (PhilExim), Al-Amanah Investment Bank of the Philippines, Queen City Development Bank, RCBC Savings Bank, Philippine Postal Savings Bank and the Coalition of Socially-Responsible SMEs in Asia (CSRSME). Other attendees came from commercial banks like Banco de Oro, Bank of the Philippine Islands, Rizal Commercial Banking Corporation and Security Bank.

This event is part of the 3-year SMART CEBU Project funded by a grant from the European Commission (EC) under its SWITCH Asia programme. The project, of which ADFIAP is one of the partners, aims to increase the competitiveness and sustainability of small and medium enterprises (SMEs) in three exporting sectors, namely, fashion accessories, furniture, and gifts, toys and house wares in Cebu in Southern, Philippines by implementing and marketing cleaner production in compliance with the standards of SCP. Redirecting these sectors to SCP principles of “Green Business is Good Business” is a way to draw in cleaner production processes and to develop business strategies to capture new markets and consumers leading the sectors towards a more sustainable business growth. The project’s ultimate objective is a more efficient use of natural resources, a significantly-reduced environmental pollution and waste, and an increased exportability of products in a much cleaner and safer environment.

ADFIAP’s role is to serve as a catalyst to DFI-members by highlighting the business case for sustainable development issues like SCP which balances economic, social and environmental dimensions or the so-called “triple bottom line”.

The event was opened by the DBP Head of Business Development, SVP Brillo Reynes. The main resource person was Mr. Michael Niemczyk, Project Manager of Effizienz Agentur (EfA) of NRW in Germany.

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