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  • Alipay’s e-wallet partner GCash introduces GCash Forest in the Philippines

    Alipay’s e-wallet partner GCash introduces GCash Forest in the Philippines

    Filipinos who want to contribute to environmental preservation can now conveniently use an innovative mobile phone app to help plant trees and increase the Philippines’ forest cover.

    Leading mobile wallet, GCash, is introducing an exciting “green” feature on the app called GCash Forest, which lets subscribers plant virtual trees that will have real-life counterparts. By the end of 365 days, GCash Forest aims to plant 365 thousand trees with the help of GCash subscribers.
    According to the Department of Environment and Natural Resources’ Forest Management Bureau (FMB), the Philippines is losing 47,000 hectares of forest cover every year. The FMB also reported the need to rehabilitate 1.2 million hectares of forest lands by 2022 to prevent landslides, ensure water availability, and preserve biodiversity.

    “GCash Forest is about making it easier, more convenient, and even rewarding for everyone to take care of our environment for the benefit of future generations,” said Mynt CEO Anthony Thomas. “GCash is no longer just providing an excellent platform for accessible financial products and services but also enabling Filipinos to be more active in responding to real-life issues, such as climate change mitigation through reforestation.”
    GCash considers GCash Forest as the last mile initiative that fully recognizes the emergence of an all-digital Filipino lifestyle.

    To implement its tree-planting initiatives, GCash Forest partnered with the Department of Environment and Natural Resources (DENR), World Wildlife Fund (WWF) and The Biodiversity Finance Initiative (BIOFIN). The DENR will provide land resources in Ipo Watershed, an essential component of the Angat-Umiray-Ipo watersheds system supplying 98 percent of Metro Manila’s water. WWF will be providing trees and manpower while BIOFIN will provide expertise on monitoring.

    Thomas added that recent findings on the Philippines’ vulnerability to climate-related hazards call for greater collective action. Results of the Global Peace Index 2019 identified the Philippines as the most susceptible country to the adverse effects of climate change. By leveraging the GCash platform and scale, GCash Forest aims to rally a coalition of individuals, non-government organizations, and international organizations to meet its 2020 targets.
    To plant trees through GCash Forest, GCash users need to collect “green energy” by frequently using the app. Users who get enough green energy can choose which species of trees they want to plant in a selected area at the Ipo watershed. Once the trees are physically planted, users get to receive a certificate of ownership with a serial number, fun facts and updates on the growth of their trees on their GCash apps.

    “Many Filipinos, especially the younger ones, care about the environment but a lot of them don’t know how they can actively take part in environmental protection. This is a barrier that GCash Forest addresses because they only need to use their smartphones—an already integral part of their daily lives—to make a difference,” concluded Thomas.

    The new feature is inspired by Alipay Ant Forest, a product operates by Ant Financial, an Alibaba affiliate and the parent company of the world’s leading payments and lifestyle platform, Alipay. Via the mobile platform, more than 500 million users have planted 100 million real trees and advanced a shared vision of sustainable and inclusive development.

  • 500 million users have joined Alipay Ant Forest initiative, planting 100 million trees

    500 million users have joined Alipay Ant Forest initiative, planting 100 million trees

    Alipay Ant Forest, an initiative that has inspired hundreds of millions in China to adopt a greener lifestyle and contribute to the environment.

    Since its launch in August 2016, Alipay Ant Forest has:

    • Attracted 500 million users to engage in low carbon emission activities on the platform and grow their virtual trees in the Alipay app.
    • The virtual trees, nourished by “green energy” originating from users’ green activities, have been turned into 100 million real trees planted in China’s most arid areas.
    • The trees planted cover a total area of 1.4 million mu (933 square kilometers), equivalent to 130,000 soccer pitches.

    Eric Jing, Chairman and CEO of Ant Financial said: “I am very proud of the popularity of Alipay Ant Forest, which embodies our belief that technology should be used for social good. We are grateful to our many users and partners who have helped plant 100 million trees and advance a shared vision of sustainable and inclusive development.”

    “Alipay Ant Forest is an open platform, where all of our stakeholders, including consumers, philanthropic institutions, and eco-system partners, can collectively explore and implement ways to harness technology for a sustainable future,” he said.

    A mini-program on the Alipay app, Alipay Ant Forest promotes a greener lifestyle and encourages users to engage in low-carbon activities, such as paying utility bills online and commuting by walking or cycling instead of driving.

    This behavior is counted and converted into virtual “green energy” that can then be used to grow virtual trees in Alipay Ant Forest within the Alipay app. With enough energy points, a virtual tree can be converted into a real tree and planted by Alipay Ant Forest and its philanthropic partners in areas suffering from desertification. In turn, this tree-planting initiative inspires users to further adopt low-carbon and environmentally-friendly lifestyles, forming a virtuous cycle.

    Here’s a video explaining how this works.