Marcventures celebrates 2021 World Bamboo Day
By : Mindanao Today/02:07:33pm 09/27/2021
Marcventures Mining and Development Corporation (MMDC) joined the “Simultaneous Bamboo Planting” event organized by the Department of Environment and Natural Resources (DENR) in celebration of World Bamboo Day.
MMDC pioneered the planting of bamboo in mined-out areas. Also known as the Grass of Hope, bamboo reportedly emits 35.0% more oxygen and sequesters up to 12.0 Metric Tons of Carbon Dioxide.
A $60.0 Billion global industry, Bamboo has a genetic life of 100 years and can provide a sustainable livelihood for our host communities for generations to come. MHI’s bamboo program began with the establishment of a demonstration plantation. This will be followed by business development and, market research initiatives. With a goal of establishing a stable livelihood for host and neighboring communities long after the mining operations have stopped, the holistic approach covers all areas of enterprise.
Recognized for having the largest bamboo plantation area, Marcventures is proud to report that so far the bamboo plants have shown satisfactory growth. With this year’s theme "Alay ng Bayan sa Inang Kalikasan, Kawayan” MMDC’s Mine Environmental Protection and Enhancement team planted over 350 bamboo culms in the company’s mined-out area in Sipangpang.