Promoting conservation in Malawi
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Promoting conservation in Malawi
Standard Bank and World Vision collaborate to promote conservation in Malawi
Standard Bank and World Vision International have signed a Memorandum of Understanding (MOU) to collaborate on initiatives aimed at promoting environmental conservation and climate resilience in Malawi.
This first partnership under Standard Bank’s “Mtengo Wanga – my tree” is funding forest regeneration to a tune of Mk240-million over three years. The symbolic signing ceremony in Lilongwe, the capital of Malawi, will see the two organizations work together to restore 200 hectares of land and directly impact 10,000 community members.
Standard Bank’s “Mtengo Wanga”, aims to amplify and support initiatives related to restoring Malawi’s natural forest cover through partnerships that champion mindset-change towards conservation, knowledge transfer, and planting of trees.
Ensuring environmental sustainability
World Vision’s M’bwezera Nkhalango Project will be a key partner for Mtengo Wanga by supporting the regeneration of forests, forest-based enterprises and engaging school students in climate resilience efforts.
Speaking at the signing ceremony, Graham Chipande, Head of Business and Commercial Banking at Standard Bank emphasised the bank’s commitment to driving Malawi’s growth while ensuring environmental sustainability.
“Our partnership with World Vision International is underpinned by a strong alignment of purpose. We are passionate about doing business sustainably and partnering with organisations that understand the importance and impact of operating from that perspective is imperative,” he said.
Charles Chimombo, World Vision International’s Director of Programs, expressed gratitude for the partnership, saying, “We envision a world where children are secure, and the environment is protected. We appreciate Standard Bank’s partnership, demonstrates its dedication to environmental conservation which is a significant contributor to Malawi’s national growth and development.”
Environmental action and stewardship
The partnership aligns with Malawi’s Vision 2063, which emphasises the need for environmental action and stewardship. Standard Bank’s commitment to environmental conservation and climate resilience also stems from its broader organisational alignment with the United Nations Sustainable Development Goals (SDGs), the United Nations Principles for Responsible Banking (UN PRB), the Paris Agreement, and the African Union Agenda 2063.
Read more about Africa’s natural resources, environmental management and sustainable projects in Africa on the WhyAfrica website, your one-stop shop for on the ground information about Africa.
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Promoting conservation in Malawi
