{"id":61234,"date":"2024-06-04T02:53:00","date_gmt":"2024-06-04T02:53:00","guid":{"rendered":"https:\/\/www.africa-press.net\/malawi\/all-news\/cdh-investment-bank-supports-luanar-tree-planting-initiative-3"},"modified":"2024-06-04T02:53:00","modified_gmt":"2024-06-04T02:53:00","slug":"cdh-investment-bank-supports-luanar-tree-planting-initiative-3","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/malawi\/all-news\/cdh-investment-bank-supports-luanar-tree-planting-initiative-3","title":{"rendered":"CDH Investment Bank supports LUANAR tree planting initiative"},"content":{"rendered":"

Africa-Press – Malawi. <\/strong><\/span>CDH Investment Bank (CDHIB) has supported Lilongwe University of Agriculture and Natural Resources (LUANAR) with 6000 tree seedlings worth K5.6million as a contribution towards the university\u2019s annual tree-planting initiative.<\/p>\n

Speaking during a tree planting exercise at Kadedwe Primary School in Mitundu, Lilongwe, CDHIB Chief Treasury Officer, Zondwayo Mafuleka, said the gesture reinforces the bank\u2019s commitment to support environmental activities for sustainable growth at LUANAR and surrounding communities.<\/p>\n

\u201cWe trust that our efforts will contribute to a sustainable green environment that will help manage climate challenges like soil erosion, combating carbon emissions and regulating weather that affects climate and other disasters,\u201d he said.<\/p>\n

Mafuleka added that climate change effects have prompted the two institutions to collaborate and create positive environmental impact that can generate economic benefits.<\/p>\n

He further stated that the tree planting activity resonates well with the bank\u2019s policy to help propel developmental growth by combating climate change.<\/p>\n

According to Mafuleka, this will help the country to build resilience to climate change and protect and restore ecosystems that underpin the green economy.<\/p>\n

Last year, CDHIB provided K3.5million towards procurement of tree seedlings for the LUANAR tree planting initiative.<\/p>\n

In his remarks, LUANAR Vice Chancellor, Professor Emmanuel Kaunda, commended CDHIB for the partnership and fulfilling their obligation under the two institutions agreement, saying the university\u2019s tree planting activities are instrumental in restoring the environment.<\/p>\n

\u201cLUANAR takes issues of reforestation and vegetative regeneration seriously and we will continue to promote climate-smart and sustainable agriculture systems.<\/p>\n

\u201cThe partnership that we have with CDHIB contributes towards achieving LUANAR\u2019s strategic initiatives that include tree planting,\u201d he said.<\/p>\n

CDHIB and LUANAR signed a Memorandum of Understanding (MOU) in 2023 to implement the annual tree-planting initiative to 2025.<\/p>\n

For More News And Analysis About Malawi<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Malawi. CDH Investment Bank (CDHIB) has supported Lilongwe University of Agriculture and Natural Resources (LUANAR) with 6000 tree seedlings worth K5.6million as a contribution towards the university\u2019s annual tree-planting initiative. Speaking during a tree planting exercise at Kadedwe Primary School in Mitundu, Lilongwe, CDHIB Chief Treasury Officer, Zondwayo Mafuleka, said the gesture reinforces […]<\/p>\n","protected":false},"author":84,"featured_media":61233,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[233,371,234],"class_list":["post-61234","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-malawi","tag-malawi"],"yoast_head":"\nCDH Investment Bank supports LUANAR tree planting initiative - Malawi<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/malawi\/all-news\/cdh-investment-bank-supports-luanar-tree-planting-initiative-3\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CDH Investment Bank supports LUANAR tree planting initiative\" \/>\n<meta property=\"og:description\" content=\"Africa-Press – Malawi. CDH Investment Bank (CDHIB) has supported Lilongwe University of Agriculture and Natural Resources (LUANAR) with 6000 tree seedlings worth K5.6million as a contribution towards the university\u2019s annual tree-planting initiative. 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