COURTESY: CIO
A Vision for Economic Growth
Under the visionary leadership of Mayor Rolando ‘Klarex’ Uy, Cagayan de Oro City Hall is poised to elevate its economic portfolio significantly. This strategic move aims to secure funding from the European Union (EU) for transformative projects that focus on the green economy. The city’s commitment to sustainable development has never been clearer, as it embarks on a journey to create a circular economy that benefits both its residents and the environment.
Recently, a two-day workshop commenced on February 18, 2023, at the City Planning and Development Office (CPDO) Conference Room. This workshop is not merely a gathering; it serves as a critical stepping stone in finalizing the city’s Circular Economy (CE) Portfolio for the EU-PH Green Economy Partnership. Participants engaged in refining project proposals, determining the city’s funding capabilities, and identifying potential donors and investors who can support these ambitious initiatives.
Crafting the Circular Economy Portfolio
The newly minted CE Portfolio will be known as Resource Innovation for Sustainable Economic Circularity (RISE) CDO. This portfolio encompasses a range of innovative projects aimed at fostering sustainability. Among the standout initiatives are the Technology for Sustainable Agricultural Decomposition and Application (TSADA) Organic, Plastics Lifecycle Action for Sustainability through Circularity (PLASTIC), and Knowledge-Driven Actions for Holistic, Inclusive, and Multi-Sectoral Urban Nature Nexus (KAHIMUNAN).
In addition to these groundbreaking projects, Cagayan de Oro City is prioritizing the procurement of shredders for large-scale organic composting and the establishment of plastic processing facilities. Moreover, the city aims to acquire processing equipment to handle unsold vegetables, fruits, and food waste from local restaurants and hotels. These initiatives not only aim to reduce waste but also strive to create a more sustainable and resilient economy for the community.
Through the collaborative efforts of the EU, United Nations Development Programme (UNDP), and various local government entities, Cagayan de Oro is on a promising path towards a greener future. As the city embraces innovative practices and sustainable solutions, it sets a powerful example for other regions, proving that economic growth and environmental responsibility can indeed go hand in hand.
