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Sustainable development is imperative

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Sustainable development is imperative
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Nedbank Namibia has donated more than N$1 million to the Namibia Nature Foundation (NNF) to fund environmental projects.

The projects will mostly focus on research to generate new information needed to manage the country's environment and wildlife resources sustainably.

In its continuous efforts to invest in environmentally sustainable development through its Go Green Fund, the bank is currently in the process of planting 58 trees across Namibia.

The tree-planting is spearheaded by the bank's staff and is part of an in-house transformational initiative to create awareness among staff to be more mindful of the environment and to be sustainable in all their efforts.

The handing over of the N$1 million cheque coincided with Earth Overshoot Day celebrated on 2 August at an event held in Windhoek.

Earth Overshoot Day marks humanity's failure to protect the earth's resources.

“Caring for our environment is not a choice, it is a responsibility. It is very clear that the continued investment in sustainable development is imperative if we want to preserve the finite resources of our world and continue to address the developmental needs of the future.

“Through our vehicle- and home-loan finance facilities, Nedbank is able to provide small grants for programmes dealing with conservation, protection and the wise management of Namibian habitats and indigenous plants,” said Edward Turner, Nedbank's executive for corporate and investment banking.

The deputy environment minister, Tommy Nambahu, emphasised the importance of conserving the country's natural resources.

“It is our responsibility to conserve Namibia's natural resources and derive socio-economic benefits sustainably from them.

This means the continued support in educating our communities in the wise management of these resources and the continued investment in research, to better understand our changing environment, will ultimately allow us to adapt and become resilient,” he said.

STAFF REPORTER

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