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Background:
The Philippine Reef and Rainforest Conservation Foundation Inc. (PRRCFI) is a non-stock, nonprofit
corporation duly registered with the Securities and Exchange Commission in the Philippines.
It was established to manage and operate the Philippine Reef and Rainforest Project.
The Philippine Reef and Rainforest Conservation Foundation, Inc. (PRRCFI) was established in 1994. Its first project was the Philippine Reef and Rainforest Project (PRRP), an international fund raising endeavor to raise funds for the purchase of Danjugan Island, a 43 hectare uninhabited island in Brgy. Bulata, Cauayan, Negros Occidental. PRRP was spearheaded abroad by World Land Trust (UK), collaborated by Coral Cay Conservation Ltd. (UK), and managed by PRRCFI.
| The fund raising scheme created GREEN SHARES at £25 or $40 each to pay a bridging loan from the Land Bank of the Philippines. The loan was the bank’s first-ever environmental loan and was priced at T-bills + 2. (It must be noted that the international fund raising effort was necessary because there was [and still is] no such grant window for the purchase of important conservation sites in the Philippines.) The bridging loan had a term of five years and was paid in 3 years due to the successful international response to the efforts of WLT, CCC, and PRRCFI. |
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History:
View History Timeline Here
Mission:
To ensure the long-term conservation of the marine and terrestrial environment
in the Philippines through education and poverty alleviation.
PRRCFI's
Objectives:
To establish a marine and wildlife research and education centre near
Danjugan Island
To develop and implement education and alternative livelihood programmes for the
conservation of marine and other wildlife resources
To restore the natural resources of
Negros Occidental and other regions of the Philippines.
PRRCFI Team:
The management committee of PRRCFI are composed of its trustees:
Gerardo L. Ledesma, President
Alfonso F. Gamboa, Vice President (until recently, Mr. Gamboa was the Mayor of E.B. Magalona, Negros Occidental)
Rafael T. Lizares, Secretary (Mr. Lizares is also the Secretary of First Farmers Holding Corporation and the General Manager of Luxur Place, a hotel in Bacolod City)
Francis Jay J. Jalandoni, trustee (until recently, Mr. Jalandoni was the Vice Mayor of Silay City, Negros Occidental.
Ramie Babac , PRRCFI Administrative Officer
Scientific Advisers:
Peter S. Raines, MSc, FRGS, MBE: founder of CCC and trustee of PRRCFI
Dr. Vicente Hilomen, Univeristy of the Philippines Marine Science Institute
Dr. Lawrence Liao, University of San Carlos
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