PGMA urges traders to ‘go green’

January 19, 2010 10:50 pm 

MANILA, Jan. 19 — President Gloria Macapagal-Arroyo stressed on Tuesday that environmental protection and economic growth can co-exist side by side as she called on businesses to ‘go green.”

In her keynote address at the first-ever Coral Triangle Initiative Business Summit at the Makati Shangri-La Hotel, the President said it is now time to put an end to the traditional thinking that businesses choose either economic growth or environmental protection.

“We want to infect business throughout the world that business can thrive not despite of but because of some environmental practices,” the President told leaders of the seafood, marketing, tourism and travel industries who attended the meeting.

The Coral Triangle, as noted by the President covers a vast area of some six million kilometers and washes the shores of seven countries, namely Indonesia, Malaysia, Papua New Guinea, Solomon Islands, the Philippines, and Brunei Darussalam. It is home to 80 percent of the known coral species.

“It is imperative for us to work to protect this shared coastal resource,” the President said.

She stressed that saving the Coral Triangle is as profitable as saving the world from pollution caused by burning fossil fuel.

“I call on you today to join a new breed of businessmen,” the President said. “I invite you to take a look at the opportunities for environmentally sound business opportunities in the countries that comprise the Coral Triangle.”

She said there is no other way for businessmen to go but green

“We worked hard to create a Green Philippines, to ensure that environmental protection does not take a backseat to the economy,” she said.

The President then called on developed countries to take responsibility for the damage they cause the environment by their carbon emissions.

The two-day summit is hosted by the Philippine Government and the World Wildlife Fund (WWF). (PNA)



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