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Green enterprises can generate more jobs

Its the next big thing.
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Green enterprises in the next frontier for both small and big business.  "It will produce a ripple of jobs, social benefits and new revenue," according to climate policy think-tank, Institute for Climate and Sustainable Cities (iCSC). The group made the remark in a conference held recently at the Manila Polo Club. The event asked whether "the Philippines is ready for the electric vehicle industry revolution?" The think-tank answered, "Absolutely, yes."

[related|post]Sen. Ralph Recto delivered the keynote speech, which called for the early passage of a legislative measure designed to scale up local electric vehicle manufacturing and utilization. Speakers from the United Kingdom delivered presentations demonstrating the centrality of electric solutions to growing urban congestion and transport challenges around the world.

Speaking for the commercial sustainable transport sector, Ejeepney Transport Corporation chief executive officer Yuri Sarmiento said, “Electric jeepneys is just the start. We are ready to help grow green enterprises that are locally sourced and financed. With electric vehicles, we can tap new revenue streams such as battery leasing operations, electronic ticketing and scaled-up replacement programs aimed at converting public and private fossil-fueled vehicles into environment-friendly transport.”

“We are promoting nothing less than a new investment agenda aimed at generating green jobs in services and manufacturing while producing margins that can secure more economic benefits for fleet operators, drivers and commuters alike,” said Red Constantino, Director of iCSC.

"Channeling financing and policy support towards the emerging electric vehicle industry is a strategic move. Oil prices will continue to increase while the cost of clean technologies will sustain its downward trajectory. Now is the time for shared leadership," Sarmiento said.



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