04_15_16 uzcm_mou with koica_giz001Department of Trade and Industry for Regional Operations Group (DTI-ROG) Supervising Undersecretary Zenaida C. Maglaya, Korea International Cooperation (KOICA) Country Director Mr. Shin Myung Seop and Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) Resident Director Dr. Andreas Kalk during the Memorandum of Understanding (MOU) signing last April 15, 2016. Under the MOU, the DTI, KOICA and GIZ will promote the Green Economic Development (GED) in the country.

The Department of Trade and Industry – Regional Operations Group (DTI-ROG) along with the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) signed a Memorandum of Understanding with the Korea International Cooperation Agency (KOICA) for the promotion of Green Economic Development (GED) in the country.

In promoting the MOU, the DTI, GIZ and KOICA will work hand-in-hand to leverage each other’s competencies, expertise and resources in capacity development of public and private sector stakeholders in GED.

“This is a very welcome initiative with our partners (GIZ and KOICA). It’s really important that we sustain that efforts GIZ has started with the DTI and continue to do more of the learning sessions, do more of the knowledge exchange to be better in terms of economic development,” Zenaida Maglaya, Supervising DTI Undersecretary for Regional Operations Group (ROG) said, referring to the DTI-ROG and GIZ three-year project, the Promotion of Green Economic Development (ProGED).

The ProGED Project aims to enhance the competitiveness of micro, small, and medium enterprises (MSMEs) by helping them adopt climate-smart and environmental friendly strategies by using the value chain approach.

“Three years or four years back, DTI and other partner agencies are also talking and looking at how we can really move towards green economic development and mainstream more of our programs and even the planning process, find out how we can put the elements of greening strategy as well as greening methodology,” Maglaya added.

Under the MOU, the KOICA and GIZ will identify and prepare Philippine participants for the GIZ-PROGED; plan the program with regard to consent, visit and process; conduct and facilitate the program in South Korea; and organize a joint reflection and follow-up activities to Philippine participants.

For its part, Mr. Shin Myung Seop, Country Director for KOICA, said that “moving toward a green economy has the potential to achieve a sustainable development and eradicate poverty and understanding its key.”