By Hazel F. Gloria
CEBU CITY, Feb 6 (PIA) -- The Department
of Environment and Natural Resources in Region 7 (DENR - 7) with the Mines and
Geosciences Bureau (MGB) 7 recently signed a memorandum of agreement (MOA) with
Mabuhay Filcement Inc. (MFI) for the establishment of a contingent liability
and rehabilitation fund (CLRF).
The Fund will guarantee the company’s compliance with its environmental commitments, assured MGB-7 regional director Loreto Alburo.
The CLRF is divided into monitoring trust fund (MTF) which is utilized by the multipartite monitoring team in its monitoring activities.
With an institutionalized Fund, Alburo said MFI will also put in place a rehabilitation cash fund (RCF) to be used for progressive rehabilitation and a mine wastes and tailings reserve fund (MWTRF) which will be taken out where damages to life and properties caused by mine wastes or tailings are compensated.
In a press statement, Alburo said the creation of a Fund is important as it sets the bar higher in providing mitigating measures or mechanisms on the possible impacts to the environment while obtaining social and environmental responsibilities.
MFI, a holder of an exploration permit that covers an area of 168.3466 hectares in San Fernando and Carcar City, had been issued three environmental compliance certificates (ECC) on its mineral processing plant, clay quarry, and limestone quarry operations.
This is a six-party agreement that ensures environmental concerns are adequately addressed in all aspects of project implementation in partnership with the various stakeholders said Dr. Isabelo Montejo, DENR-7 regional executive director.
Signing the MOA with Montejo and Alburo on January 22 were Environmental Management Bureau (EMB) 7 regional director Fernando Quililan, MFI Chief Executive Officer Enrison Benedicto, and San Fernando Mayor Antonio Canoy.
Along with the Fund set up, a mine rehabilitation fund committee composed of MGB-7 regional director as chair with DENR-7 regional executive director as co-chair was organized with San Fernando Mayor, MFI, and a non-government organization as members.
In relation to this, a team was constituted to conduct a periodic monitoring on the compliance on certain environmental provisions.(rmn/HFG- PIA-7/DENR-7)
The Fund will guarantee the company’s compliance with its environmental commitments, assured MGB-7 regional director Loreto Alburo.
The CLRF is divided into monitoring trust fund (MTF) which is utilized by the multipartite monitoring team in its monitoring activities.
With an institutionalized Fund, Alburo said MFI will also put in place a rehabilitation cash fund (RCF) to be used for progressive rehabilitation and a mine wastes and tailings reserve fund (MWTRF) which will be taken out where damages to life and properties caused by mine wastes or tailings are compensated.
In a press statement, Alburo said the creation of a Fund is important as it sets the bar higher in providing mitigating measures or mechanisms on the possible impacts to the environment while obtaining social and environmental responsibilities.
MFI, a holder of an exploration permit that covers an area of 168.3466 hectares in San Fernando and Carcar City, had been issued three environmental compliance certificates (ECC) on its mineral processing plant, clay quarry, and limestone quarry operations.
This is a six-party agreement that ensures environmental concerns are adequately addressed in all aspects of project implementation in partnership with the various stakeholders said Dr. Isabelo Montejo, DENR-7 regional executive director.
Signing the MOA with Montejo and Alburo on January 22 were Environmental Management Bureau (EMB) 7 regional director Fernando Quililan, MFI Chief Executive Officer Enrison Benedicto, and San Fernando Mayor Antonio Canoy.
Along with the Fund set up, a mine rehabilitation fund committee composed of MGB-7 regional director as chair with DENR-7 regional executive director as co-chair was organized with San Fernando Mayor, MFI, and a non-government organization as members.
In relation to this, a team was constituted to conduct a periodic monitoring on the compliance on certain environmental provisions.(rmn/HFG- PIA-7/DENR-7)