CDH Investment Bank (CDHIB) in partnership with Lilongwe University of Agriculture and Natural Resources (LUANAR) conducted the annual tree-planting exercise in Bunda.
Speaking during the tree-planting ceremony in Lilongwe at Kadedwa Primary School in Pundu village in Lilongwe on Friday, the Bank’s Chief Treasury Officer, Mr Zondwayo Mafuleka said, “This tree-planting initiative is the taking place for a second year in a row reinforces our commitment to support environmental activities for sustainable growth.
“CDH Investment Bank, is proud to contribute to the 2023/2024 national tree planting season through this partnership with LUANAR. We trust that our efforts will contribute to a sustainable green environment that will helps manage climate challenges such as soil erosion, combatting carbon emissions and regulating weather that affects climate and other disasters and allows us to come together and create positive environmental impact that can generate economic benefits”, said Mafuleka.
We have provided K5.7m to LUANAR for by the Forestry Department and applaud LUANAR for the initiative. We are proud to partner on this initiative that creates awareness on the need to manage the environment in the community and instills a passion for the protection of the environment,” said Mafuleka.
Mafuleka said that the activity resonates well with the bank’s ethos to propel developmental growth by combating climate change, “This will help our nation to build resilience to climate change and protect and restore ecosystems that underpin our green economy. We are confident our investment in our environment today, will sow seeds for the development of our nation,” he said.
In his remarks, LUANAR Vice Chancellor, Professor Emmanuel Kaunda commended CDH Investment Bank for the partnership and fulfilling their obligation under the MOU saying the university’s tree planting activities are instrumental in restoring the environment.
“LUANAR takes issues of reforestation and vegetative regeneration seriously and we continue to promote climate-smart and sustainable agriculture systems. The partnership that we have with the CDHIB contributes towards achieving LUANAR’s strategic initiatives,” said.
Senior Chief Pundu representing traditional authority for the area, T/A Chiseka thanked CDHIB for the seedlings and applauded the LUANAR Bunda team for the tree-planting initiative. The activity was graced by various representatives from CDHIB, various deans and heads from LUANAR, and other neighbouring schools and volunteers from the community.
The annual LUANAR tree-planting initiatives executed by the two organizations, following the MoU they signed in 2023 to support tree-planting for three years 2023 – 2025.
