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What's New in FSSI

On May 17, 2018, FSSI gathered its members and network partners for the Foundation’s 29th General Assembly themed as, “Building Stronger Communities through Sustainable Social Enterprises.”


The morning session was filled with insightful discussion as Assistant Secretary Antonio Joselito Lambino II of the Strategy, Economics and Results Group of the Department of Finance shared about the economic situation, the Tax Reform for Acceleration and Inclusion (TRAIN) Law and other reforms that pose opportunities and challenges for social enterprises.


During the afternoon session, FSSI Board Chairperson Oyen Dorotan, Treasurer Larry Millan and the Chairpersons of the FSSI committees gave updates and reports on the Foundation’s accomplishments for 2017. FSSI subsidiaries Pilipinas Ecofiber Corporation (PEC) and Cocobind, Inc. also reported on their performance in the past year. This was followed by the election of new members of the board of trustees and of the Good Governance Committee (GGC).


Former FSSI Executive Director (ED) Jay Bertram Lacsamana was recognized for his service and new ED Sixto Donato C. Macasaet was welcomed by the FSSI members. Finally, the Assembly expressed its gratitude to outgoing Chairperson Dorotan, who had completed her second and final term as a Board member.


The following are the officers and members comprising the new Board of Trustees:


Chairperson: Norman Joseph Jiao (Representing AF)
Vice Chairperson: Lauro Millan (Representing NCCP)
Corporate Secretary: June Rodriguez (Representing CONVERGENCE)
Treasurer: Sylvia Paraguya (Representing NATCCO)
Auditor: Betta Socorro Salera (Representing PCF)
Member: Agnes Bolanos (Representing MINCODE)
Member: Christie Rowena Plantilla (Representing FPSDC)

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What's New in FSSI

Under the Protect Wildlife project, USAID signed a Memorandum of Understanding with Foundation for a Sustainable Society, Inc. (FSSI) for implementing social enterprise activities and involving beneficiaries as active partners in conservation. By providing financing and capacity building to selected social enterprises, the partnership envisions increased productivity in project sites and reduced threats to biodiversity and wildlife.


FSSI will leverage its loan portfolio to give access to financial services and grants and provide business development support to conservation-linked social enterprises where the triple bottom line of economic, environmental and social development gains are integrated and can be met. USAID Protect Wildlife will provide technical and capacity-building support to beneficiaries, particularly in developing a responsive and action-oriented training program for social entrepreneurship.


Since 1995, FSSI has been fostering sustainable growth in communities across the Philippines by establishing and strengthening social enterprises and creating a conduce environment for social entrepreneurship in the country. FSSI seeks to apply innovative solutions for biodiversity conservation and environmental protection with projects that support forest conservation, coastal resource management and organic production.


(Article written by USAID for USAID Manila Environment Office Weekly Update, August 24, 2018)

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What's New in FSSI

Several civil society organizations (CSOs) gathered at FSSI on September 24, 2018 to discuss how the Green Climate Fund can be accessed to assist climate change mitigation and adaptation projects in the country.


The Green Climate Fund is an international fund set up after the Conference of Parties to the Climate Convention in 1992 where developed countries agreed to assist developing countries in dealing with the effects of climate change through climate financing.


Among the developing countries which can access the fund is the Philippines. Around 20 organizations who attended the meeting agreed to work together to engage the Climate Change Commission, the country’s National Designated Authority (NDA), as it formulates the country program from which approval of projects will be based. There was also a motion to push for the accreditation of Direct Access Entities (DAE) from among the CSOs.


If realized, the DAE will work closely with the NDA to develop project concept notes, funding proposals, and other requests to the GCF secretariat.


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What's New in FSSI

(October 25-26, 2018) – FSSI joined in the Renewable Energy (RE) Congress, a two-day activity that brought together more than 200 local and international participants from different sectors – renewable energy advocates, developers, producers, researchers, experts, students and end-users or “prosumers” – to explore and discuss initiatives on transitioning to sustainable and clean energy sources.


Several speakers talked about innovations leading to the just and democratic transition to RE. FSSI’s Executive Director Sixto Donato Macasaet, on the other hand, presented the organization’s products and services in line with supporting projects that use RE technologies. He also stressed the important role of financial institutions in ensuring that their social investment goes to sustainable projects.


A workshop on the second day was facilitated to get the inputs of participants on the tangible measures to achieve a 100% RE in the Philippines.


The event was organized by the Center for Empowerment, Innovation and Training on Renewable Energy (The CENTRE), a hub for technology, social innovation, policy studies, advocacy and community empowerment with the vision of achieving 100% renewable energy towards a meaningful and ecological transformation in the country.


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