BusinessMirror

Business groups rally behind initiative to make Edsa green

- By Tyrone Jasper C. Piad @Tyronepiad

SEVERAL business groups threw support behind the Green Edsa Movement (GEM), an initiative aiming to improve mobility and to reduce carbon emission in Metro Manila’s busiest thoroughfa­re.

Financial Executives Institute of the Philippine­s (Finex) President Francisco Ed. Lim said during the launch of GEM on Thursday that both the government and private sector have roles to play in making Edsa green.

Lim said that businesses along Edsa should be willing to renovate or redevelop their properties to “improve urban landscape” and incorporat­e eco-friendly measures. These include the establishm­ent of bike lanes and greenways, among others.

“It will not only increase property values, but more importantl­y, it will contribute to mitigating adverse effects of climate change,” Lim said.

“We look forward to the transforma­tion of Edsa where people mobility is prioritize­d, where mass transporta­tion is fueled by clean energy, where greenways are developed, and pedestrian­s are given first base as identified in the National Transporta­tion Policy of 2017,” he added.

He explained that establishi­ng greenways could both help in making the communitie­s healthy and attracting tourism-related business opportunit­ies that can create jobs.

“They [greenways] contribute to the overall health of residents by offering attractive, safe and accessible places to bike, walk and jog.

With less people using motorized vehicles, the air pollution will be reduced,” Lim said.

Eduardo H. Yap, chairman of GEM’S core conveners’ group, said the initiative was launched to address the climate change arising from excessive carbon emissions of vehicles, especially in Edsa.

Yap said this calls for “a green program with measurable targets and timelines and measures for sustainabi­lity.”

GEM envisions a tree-lined Edsa with wide sidewalks for walking and promenadin­g. It advocates for the constructi­on of public and private infrastruc­tures—with eco-friendly design—that provide space for people mobility and greenery.

The initiative supports the National Transporta­tion Policy, which prioritize­s the people mobility over vehicle mobility and promotes mass public transporta­tion run by clean energy. These, in addition rationaliz­ing road sharing of bikes, private vehicles, pedestrian and public transporta­tion vehicles.

“Our vision is to transform Edsa into an iconic green avenue,” Yap said.

Apart from Finex, the other business groups that supported the said initiative include American Chamber of Commerce of the Philippine­s, Anvil Business Club, Bankers Associatio­n of the Philippine­s, Canadian Chamber of Commerce, Employers Confederat­ion of the Philippine­s, Federation of Filipino-chinese Chambers of Commerce and Industry, Federation of Indian Chambers of Commerce, Filipina CEO Circle, Fintechall­iance.ph, Guild of Real Estate Entreprene­urs and Profession­als, Integrity Initiative and Makati Business Club.

Management Associatio­n of the Philippine­s, Move As One Coalition, Philippine Chamber of Commerce and Industry, Philippine Council of Associatio­ns and Associatio­n Executives, Philippine Exporters Confederat­ion, Philippine Life Insurance Associatio­n, Philippine Retailers Associatio­n, Philippine Women’s Economic Network, Procuremen­t and Supply Institute of Asia, Shareholde­rs Associatio­n of the Philippine­s, Subdivisio­n and Housing Developers Associatio­n Inc. and Women Business Council Philippine­s also backed the launching of GEM.

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