Micro, Small and Medium Enterprise (MSME) Development Plan 2017-2022 -- Cross Cutting Strategy on Promotion of Green Growth

Published on February 11, 2022

The Micro, Small and Medium Enterprise (MSME) Development Plan 2017-2022 is the sectoral plan for the growth and advancement of the MSME sector. It was developed in consultation with various stakeholders from the private sector, academia, and government agencies. It is aligned with the Philippine government’s goal of boosting employment, business, and livelihood or “Trabaho, Negosyo, Kabuhayan” translating to “Malasakit”, “Pagbabago”, at “Patuloy na Pag-unlad” of the Philippine Development Plan (PDP) 2017-2022. The key inputs to the Plan’s formulation were also taken from the Ten-Point Agenda for Development presented by President Rodrigo R. Duterte at his first State of the Nation Address on 25 July 2016. It was also developed in accordance with AmBisyon Natin 2040, the long-term mission and vision statement for Philippine development formulated by the National Economic and Development Authority (NEDA) in March 2016. Promotion of green growth is one of the cross-cutting strategies identified in the MSMED Plan 2017-2022.

The Green Economic Development (GED) Program is one of the programs under the MSMED Plan which aims to address the growing concern among micro, small, and medium enterprises (MSMEs) on the effects of climate change by introducing the concept of green economy – the push for economic growth and development though the utilization of environment-friendly methods, strategies to avert the detrimental effects of climate change and sustain natural resource use. The GED Program guides MSMEs to implement environment-friendly and climate-smart processes and practices to reduce production costs, produce green products and services, and prepare for the impacts of climate change. It presents good practices in greening the business’ processes, products and services covering the seven (7) environmental hotspots: energy efficiency and renewal energy management, water and waste water management, solid and toxic waste management, transport management, local supplies management, raw materials management, and natural resources management.