Shell Pilipinas Corp. president and chief executive Lorelie Quiambao-Osial (seated, left) and Department of Environment and Natural Resources Secretary Maria Antonio Yulo-Loyzaga (seated, right) sign a memorandum of understanding to signal collaboration on the identification and development of Nature-Based Solutions opportunities in the Philippines. NBS comprises activities related to the protection and enhancement of natural ecosystems such as forests, grasslands, wetlands and coastal zones or projects that improve agricultural sustainability to help absorb or prevent the release of greenhouse gases, while also delivering benefits to local communities and enhancing biodiversity of the area.
