Lopez-LED Energy Development Corp. (EDC) has allocated P10 million to rehabilitate a 7.79-hectare wetland in Boracay that it “adopted” in a three-year plan that is expected to turn the area into a money-earning venture for the community while reviving an important ecosystem in the popular tourist destination. “Wetland No. 2,” one of nine wetlands identified for environmental rehabilitation by the Department of Environment and Natural Resources (DENR), is being transformed by EDC into “Boracay Wetland Conservation Park” (BWCP). “Under our memorandum of agreement with the DENR, the BWCP is a three-year project,” Allan V. Barcena, EDC head for corporate social responsibility, told reporters over the weekend.

Saulon, V. V. (2019, January 28). EDC to rehabilitate Boracay wetland. BusinessWorld, p. S1/2.