Through the collaboration of concerned members from the mining and bamboo industries  like the Philippine Bamboo Industry  Development Council, Mines and Geosciences Bureau (MGB), Chamber of Mines of the Philippines, Philippine Nickel Industry  Association, The Philippine Mining Club, and  the Bamboo Professionals Inc., an online summit  was conducted on September 10, 2021 with emphasis  on the creation of sustainable mining communities in the country with the utilization of bamboo through  the “Bamboo Economics and Initiatives to Re-imagine Mining into Social Enterprises” program.

As part of the Bamboo Plantation Development Project of the expanded National Greening Program (NGP), the summit was conducted to introduce bamboo reforestation in reinventing mining apart from rehabilitation of mined out areas, but also creating sustainable social enterprises for mining communities.

Bamboo as per research, is not a tree but a giant grass. It has many uses, mainly in construction (flooring, roofing designing, and scaffolding), furniture, food, biofuel, fabrics, cloth, paper, pulp, charcoal, ornamental garden planting, and environmental characteristics, such as a large carbon sink.

Department of Environment and Natural Resources (DENR) Secretary Roy A. Cimatu emphasized the promotion of bamboo-planting to mitigate CO2 and other greenhouse gases in the Philippines.

During the online summit, Mines and Geosciences Bureau Director Atty. Wilfredo G. Moncano gave a presentation on the topic relative to the event along with other officials from the Department of Environment and Natural Resources, Department of Trade and Industry, Department of Finance, Department of Science and Technology, financial institutions, and key players from the mining industry.