First Gen Corp. partnered with the Philippine Council for Agriculture, Aquatic and Natural Resources Research and Development (PCAARRD) to jointly explore and support agribusiness technologies and projects that will improve the livelihood of small farmers and fishermen.
The company said a memorandum of understanding (MOU) recently signed recently, the parties will identify and agree on priority projects and activities related to agri-aqua production, harvesting and post-harvesting systems for the benefit of smallholder farmers and fisher folks.
The parties also agreed each shall allocate and release funds to support the objective of the MOU and to collaborate in the implementation of priority activities as beneficiaries of the projects will be First Gen host communities and other areas to be agreed upon.
First Gen and PCAARRD may also enter into other agreements for other special projects that will promote and advance their advocacies and mandates.
PCAARRD is a multi-sectoral research and development body under the Department of Science and Technology that formulates policies, plans and programs for science and technology-based research and development and spearheads technology transfer initiatives in the agriculture, aquatic and natural resources sector.
Meanwhile, First Gen has a combined capacity of 3,492 megawatts with a portfolio including natural gas, geothermal, hydroelectric, wind and solar power capacities.
Through its corporate social responsibility arm, the company also aims to help develop and improve the quality of its stakeholders by supporting relevant, responsive, and regenerative programs focused on environment, education, livelihood, particularly in the agri-aqua sector and related technologies. -Jed Macapagal
