WORLD ENVIRONMENT DAY: Equity Bank leads environmental efforts with tree planting and clean energy loans

1 minute, 40 seconds Read

Equity Bank Uganda Limited has joined the rest of the world in celebrating World Environment Day under Uganda’s theme for this year, “Land Restoration for Climate Resilience.”

World Environment Day is celebrated annually on June 5 and encourages awareness and action for the protection of the environment. In Uganda, the main celebration is in Sironko, where Prime Minister Hon. Robinah Nabanja is the Chief Guest.

On such a day, it is worth noting that Equity has always been at the forefront of social responsibility, with a strong focus on environmental conservation.

The bank has several initiatives aimed at addressing environmental restoration, such as the Equi Green Loan, designed to support projects dedicated to clean energy, environmental preservation, and combating climate change. Similarly, the bank has a tree-planting initiative aimed at promoting sustainable practices for preserving natural habitats and mitigating the effects of climate change.

Through this initiative, Equity Group intends to plant 35 million trees across the countries it operates in. Equity Bank Uganda, in collaboration with the National Forestry Authority and Million Trees International, has already made significant strides in areas such as Ntungamo, Nyakasura Hill, Rubaga, Kasese, and Mwiri Hill.

Furthermore, Equity Bank Uganda is actively involved in promoting clean energy solutions by offering loans to customers for the purchase of clean energy products from various partners. The bank is also contributing to the reduction of respiratory diseases, thereby safeguarding human health.

In addition to these initiatives, Equity Bank Uganda is extending its impact to the education sector by constructing school kitchens that use clean energy in various schools, including one upcoming project in Ntungamo scheduled for launch in June.

Meanwhile, Uganda faces many environmental challenges as it strives to create a sustainable future. These challenges include high population growth, deforestation, lack of alternative fuel sources, and wildlife trafficking, among others.

However, with several environmental initiatives, some of the challenges are being addressed.

The post WORLD ENVIRONMENT DAY: Equity Bank leads environmental efforts with tree planting and clean energy loans appeared first on Matooke Republic.

Similar Posts