I would like to take this opportunity give the Shared Value network an update on the latest developments regarding recovery and reconstruction efforts here in the Philippines and the evolving role that the Philippine Business for Social Progress (PBSP) is playing.
Just yesterday, PBSP has partnered with the Philippine Disaster Recovery Foundation and other non-PBSP member companies to help establish an institutionalized private-sector led coordinating mechanism that will serve as a collective impact backbone to coordinate CSR and possible CSV initiatives to address the multi-faceted and complex challenge of disaster recovery and reconstruction. This was done in response to the government's call for the private business sector to play a major role in the rebuilding effort in the Central Visayas region.
Clearly, there are bigger challenges ahead. As we set-up this coordinating mechanism, we will also be able to put a plan that will identify priority initiatives that would detail projects that would need further support so we can scale-up the impact. Related to this, we are also planning to go on a fund raising road show there in the US early next year to seek grants as well as direct investments in business solutions that would provide sustainable solutions to the rebuilding efforts.
This is all for now and will keep you all posted on major developments as they come. In the meantime, I ask that you please share this post and the PBSP disaster response page with your networks. Informing everyone on our efforts is the least we can do for all the generous support and concern that have come our way.
In one final note, I would also like to thank the Shared Value Initiative network and our friends in FSG for all their concern for our country and our people.