Equity Group has partnered with Kipipiri constituency to support farmers and institutions in planting 60,000 tree seedlings in Nyandarua County as part of the bank’s 35 million trees planting initiative, which is in support of the government’s goal of increasing the country’s forest cover to ten per cent by 2022.
Additionally, the initiative is aligned to Kenya’s Big Four Agenda on food security and a majority of the trees planted will be fruit and medicinal. The project will also empower farmers who will be tasked with raising high-quality tree seedlings in nurseries as an income-generating activity. Speaking during the tree planting exercise, Equity Bank Kenya managing director Gerald Warui said: “Today we are donating 60,000 tree seedlings to farmers and various institutions in Kipipiri region as part of Equity’s 35 million tree planting initiative. This is in a bid to increase the country’s contribution to addressing climate change. It is also an opportunity to engage farmers in environmental conservation as well as provide an opportunity to earn income through tree planting and maintenance activities.”
Hon. Amos Kimunya, leader of majority party in the national assembly who is also Kipipiri’s Member of Parliament thanked Equity for spearheading this initiative. “We recognize and appreciate the effort made by Equity to partner with key stakeholders towards the attainment of ten per cent tree cover by 2022,” said Kimunya.
The effects of environmental degradation are far-reaching and tree planting in all available spaces within and outside forests ensures sustainability and that these effects are mitigated. Tree planting is also fundamental to the survival of forest-dwellers who are important providers of ecosystem services, including maintaining, restoring soil fertility, protecting watersheds and water courses.
The exercise is part of Equity’s 35 million trees planting initiative as the lender endeavours to conserve the environment. Through its partnership with Kenya Forest Service (KFS) and accredited seedling vendors in this noble initiative, the bank has been able to receive technical and supervisory support in ensuring that the target is achieved and destruction of forests is reduced through proper planting and maintenance of the trees.