Standard Chartered Bank Gambia Ltd, on Saturday, planted about 16,000 gmelina trees at the Kabafita Forest Park Compartment 32, as part of the bank’s commitment to environmental protection.
Speaking at the forest park shortly before the tree planting exercise, Alhagie Momodou Badjie, plantation officer responsible for the forest park, said the tree planting exercise was initiated by Standard Chartered Bank and approved by the director of forestry department.
He added that the 16,000 gmelina trees were provided by the forestry department together with Standard Chartered Bank. Mr Badjie also suggested that Compartment No. 32, be named after Standard Chartered Bank from now on.
"There are 40 hectares in this compartment and we are supposed to plant 6 hectares and name the compartment after Standard Chartered Bank. This is the first time for an organisation to join hands with us and develop our forest," he remarked.
For his part, Jatto Sillah, director of the forestry department said the initiative is important and added that from 2005 to 2007, the forestry department has planted more than one million gmelina trees. He expressed hope that more trees will be planted.
Mr Sillah expressed sadness over the degrading nature of The Gambia’s forest and called on all Gambians to protect the forest.
He revealed that the day marks the official opening of the one million tree planting campaign, and that Standard Chartered has paved the way and are leading by example.
He expressed hope that other banks will follow suit.
He assured the gathering that Compartment no. 32 would be named after Standard Chartered Bank.
Mr Sillah also thanked Standard Chartered for their contribution to the environment.
Wilfred Ntuba, chief financial officer, Standard Chartered Bank, who also doubles as the environmental co-ordinator at the bank said the initiative is part of the bank’s commitment to the environment.
"We started operations in the banking sector over 114 years ago and one of the reasons why we chose to plant 16,000 trees is to reduce carbon monoxide in the environment,” he said.
Bubu Pateh Jallow, permanent secretary at the Department of State for Forestry and the Environment, on behalf of the secretary of state, said the Kabafita Forest Park was established in 1952.
He expressed delight at Standard Chartered Bank’s partnership with the forestry department in improving the environment. He added that this is the first time that a financial institution is collaborating with the forestry department.
"For every tree that you have planted here, you are removing half the weight of that tree equivalent of carbon dioxide from the atmosphere. And for every tree you plant, you are putting in its equivalent weight in terms of water from the atmosphere", PS Jallow remarked.
He thanked Standard Chartered Bank for the initiative and urged others to follow suit.