De La Salle’s Management of Financial Institutions Association Become FEED Patrons

IMG_3940-11 April 2016, Balintawak.  Kudos to the 19 youth volunteers from De La Salle’s Management of Financial Institutions Association (MaFIA), who opted to plant “climate smart” crops this Friday, April 1st despite their final exams, thesis papers and other academic obligations and deadlines.

Thanks to the MaFIA’s contributions sourced from individual DLS college students, they were able to purchase and plant 200 Bougainvillea seedlings along the Balintawak Northern Luzon Expressway (NLEX), in collaboration with FEED and the MVP Group of Companies, including Manila North Tollways Corporation (MNTC) and the Tollways Management Corporation – under the stewardship of Corporate Social Responsibility leader Maricar Pangilinan.

IMG_3934-1Lauren Wendell Ng, one of the MaFIA leaders who helped organise this tree-growing session, mentioned with a big smile:

“Even if we didn’t have our ‘community service’ curricular duties at La Salle, we at MaFIA still wanted to do our part in the Climate Change and Action agenda…yes, we have academic requirements to achieve, but we also recognise the need to ensure our connection to the Earth’s and the Philippine challenges today: achieving carbon offsets, neutrality and eventually a carbon-negative state!”

As of 1 April 2016, new FEED Patrons include the MaFIA volunteers:

  • Lauren Wendell Ng
  • Mary Ellen Lee
  • Charlene Remando
  • Dhenna Emery Uy
  • Annie Yang
  • Patricia Denise Babista
  • Lynford Ma
  • André Torda
  • Eunice Mandi
  • Joanne Catherine Tan
  • Katrina Llegado
  • Danielle Matining
  • Marlo Adriatico
  • Rhys Bosing
  • Kitin Lagdameo
  • Angela de Guzman
  • Krysha Santos
  • Paul John Nicolas

Policy Projections

On 1 October 2015, The Philippines submitted its Intended Nationally Determined Contribution (INDC), including a conditional greenhouse gas reduction target of 70% below business as usual (BAU) levels by 2030. The INDC states that the target is conditional on “the extent of financial resources, including technology development & transfer, and capacity building, that will be made available to the Philippines.” The target covers all emissions from all sectors, including land use, land use change and forestry (LULUCF)….
Both implemented and planned policies are not sufficient to achieve the INDC target.

Emissions growth will be predominantly driven by increased emissions from transport and coal-fired electricity generation. Without the renewable energy target and energy efficiency targets (see “planned policy projections” below), emissions under current policies (excluding LULUCF) are expected to increase by up to about 250 MtCO2e in 2020 and 350 MtCO2e in 2030 (the upper end of the range of the ‘Current policy projections’ in the graph – excl. LULUCF emissions). If all coal power plants – more than 10 GW – that were announced this year[3] are constructed, total emissions will likely evolve in line with the high end of current policy projections. The new coal plants alone could result in about 60 MtCO2 of additional emissions by 2025.


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(c) FEED, Inc.