On June 24, 2022, the Department of Agriculture (DA), through the Philippine Coconut Authority (PCA), officially launched the Coconut Farmers and Industry Development Plan (CFIDP) held at the Quezon Convention Hall, Lucena City, Quezon Province.

The proposal, which was approved and signed on June 2, 2022 by Executive Order 172, aims to increase the income and productivity of coconut farmers in the country by 2.5 million.