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In the Philippines, regulators have in recent years steadily deployed a stream of policy measures designed to enable investors to consider ESG factors in their investment, and to encourage companies to behave in a manner that benefits society and the environment.
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Jun 29, 2021 · This briefing summarizes policy measures put in place in recent years by various Philippine regulators to enable investors to consider ESG factors in their investment decision and to encourage companies to behave in a manner that benefits society and the environment.
Republic Acts - An Act Adopting Innovation as Vital Component of the Country’s Development Policies to Drive Inclusive Development, Promote the Growth and National Competitiveness of Micro, Small and Medium Enterprises, Appropriating Funds Therefor, and for Other Purposes.
Startup Venture Fund. — There is hereby created a Startup Venture Fund (SVF) under the DTI, to be administered in coordination with the National Development Company (NDC). The SVF shall be used to match investments by selected investors in startups based in the Philippines.
“An amount for the community development fund, which shall not be less than three per centum (3%) of the net surplus. The community development fund shall be used for projects or activities that will benefit the community where the cooperative operates.”
Jun 10, 2021 · “If this ruling leads to better coordination in planning and implementation across levels of government, taking into account the capacity and needs of LGUs, it could improve the lives of people and communities especially those that far from the country’s economic growth centers.”
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Program Overview. MCC’s $434 million Philippines Compact (2011-2016) funded the $125 million Kalahi-CIDSS (KC) Community-Driven Development (CDD) Project, which aimed to reduce poverty, improve participatory local governance, and empower communities. The project trained community volunteers in more than 3,000 villages to address self ...
