DENR sees potential P38T in forestry investments
The Philippines' Department of Environment and Natural Resources (DENR) plans to open 1.18 million hectares of forest land for sustainable investment. The initiative aims to generate P38 trillion in production value through projects like agroforestry and ecotourism between 2027 and 2052.
Why it matters
This policy represents a major shift in land management, balancing economic development with environmental protection and climate-smart practices.
THE Department of Environment and Natural Resources (DENR) said it will open up suitable forest land for investment, adding that forests could generate up to P38 trillion from parties interested in developing them.
Sustainable forestry investments are projected to generate P38 trillion in production value from 2027 to 2052, specifically from agroforestry and tree plantation projects.
The DENR said the Forest Management Bureau has identified about 1.18 million hectares of potential investable areas that can be developed through Sustainable Forest Land Management Agreements.
The department added that once tenured, the areas are estimated to generate about P4 billion in annual revenue from investments in tree plantations, agroforestry, grazing, ecotourism, renewable energy, and other special forest uses, with agroforestry accounting for 550,000 hectares.
Potential investment areas are located in all regions except for the National Capital Region, with the largest area found in the Eastern Visayas at 196,083.78 hectares.
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