STANDARD Lesotho Bank will on Friday celebrate the annual national Tree Planting Day in Ha Thakanyane, Thabana Morena in the Mafeteng district.
business
March 29, 2023
NEO SENOKO
2 min read
Mafeteng benefits from tree planting initiative
Standard Lesotho Bank Manager for Communications and Sponsorships, Manyathela Kheleli
Story highlights
Support of the bank is a culmination of its efforts toward combatting environmental degradation
Planting trees also captures the bank’s driving values in promoting environmental awareness
The southern region district joins a series of other districts that have benefited from the initiative since 2021 when the bank committed to contributing towards curbing the damage caused by the environmental and climate shifts that have led to among others, heavy rainfall, river floods, expanded hill slopes, and many others.
All the damages have been aggravated by global warming, thus significantly impacting the agricultural sector and displacing communities.
The initiative is an annual and collective endeavor spearheaded by the Ministry of Forestry, Range, and Soil Conservation with financial support from Standard Lesotho Bank.
The exercise is geared towards a vision to meaningfully contribute to national efforts on the sustainable conservation of the environment.
The planting of trees also captures the bank’s driving values in promoting environmental awareness and combating soil erosion.
The involvement of Standard Lesotho Bank comes from the Memorandum of Understanding that the bank signed with the Ministry of Forestry, Range and Soil Conservation in 2021, in which the bank committed to supporting tree planting initiatives to the tune of M600 000 over a three-year period.
The support of the bank is a culmination of its efforts toward combatting environmental degradation.
“In the recent past, more and more businesses, including the banking sector are realising the impact of global warming and land degradation and how they affect the livelihood of mankind and the economy in general, and this has necessitated that corporates do not sit back, but take an active role in efforts towards combating global warming and sustaining the environment.
“We believe that Basotho will take note of this contribution and join us in this noble initiative to preserve the future of the next generations,” Standard Lesotho Bank Manager for Communications and Sponsorships, Manyathela Kheleli said this week.
Enjoy our daily newsletter from today
Access exclusive newsletters, along with previews of new media releases.
Under the theme, “Forests and Health,” this year’s commemoration intends to highlight the benefits provided by forests towards human health through the provision of clean air, food, life-saving medicines and the critical role that forests play in the war against climate change, where trees help to trap carbon dioxide and other toxic gages to produce oxygen for the overall improvement of global ecosystems.
During the event, communities will also be educated about the best practices for conserving the environment. The global celebrations follow the resolution of the United Nations (UN) in 2021 to observe the International Day of Forests.
Formerly, this day was acknowledged in Lesotho as a national holiday to inspire communities to devote one day to plant a tree. For this year, different places across all 10 districts have been identified as beneficiaries of the tree-planting initiative.
The Mafeteng event will be a national commemorative event, which Cabinet ministers and senior government officials are expected to attend.
Tailored for you
