Exim Bank promises more investment in environmental conservation

12May 2022
The Guardian
Exim Bank promises more investment in environmental conservation

​​​​​​​EXIM Bank Tanzania has pledged to work more closely with various environmental stakeholders while supporting the Government's efforts in combating climate change by actively participating in supporting environmental conservation efforts, especially tree planting.

Bank's Head of Marketing and Communications Stanley Kafu made the pledge at the culmination of the International Red Cross Day celebrations which coincided with the 60th anniversary of the Tanzania Red Cross Society (TRCS) adorned with a planting of trees exercise at the Dodoma Regional Referral Hospital recently.

Speaking during the colored by the Minister of State in the Vice President Office responsible for Union and Environment, Seleman Jafo, Kafu said through the bank's programmes known as 'Exim Go Green Initiative' and 'Exim Cares' it has been participating in various social endeavours such as blood donation as well as environmental conservation.

"This is the second time for us to participate in a programme like this in Dodoma within these two years. Last year in May we joined other stakeholders led by the Retired Prime Minister Mizengo Pinda and we were able to plant about 10,000 trees in Zuzu ward,” Kafu said.

In addition to actively participating in the tree planting exercise, the bank also donated 15m/- to the Tanzania Red Cross Society (TRCS) in a move to support the preparations for the event.

He said the financial institutions in the country have also been affected by the climate change effects due to disturbances in many economic sectors, especially agriculture.

“That has been one of the main reasons for Exim Bank Tanzania to take the lead in addressing the challenge through supporting tree planting initiatives,’’ he added.

Minister Jafo commended the bank and other stakeholders for supporting the country's environment conservation efforts and urged Tanzanians to work together in dealing with various emergencies happening to the country while increasing their participation in environmental conservation through tree planting.

TRCS President David Kihenzile called on the government and various stakeholders in the country to continue to support the TRCS’s efforts as they aim to directly manage disasters and various emergencies that face the community.

"That is why we are so touched by the support we have received from various stakeholders including Exim Bank as their support has enabled us to achieve this important initiative that is tree planting exercise,” said Kihenzile.