By Derrick Silimina
The Bank of Zambia has taken action against climate change through an eco-conscious initiative to plant trees to mitigate the impact of climate change.
In a statement, BoZ Governor Denny Kalyalya said the central bank took the step to commemorate this major milestone by doing something out of the ordinary which contributes to the sustainability of the environment.
“We recognise that our environment is facing numerous challenges, from deforestation to climate change related ones, which are becoming more frequent and severe. It is, therefore, our collective responsibility to address the challenges we are able to and work towards a sustainable future,” Dr. Kalyalya said.
He noted that the forest ecosystem in Zambia is threatened by land use practices that do not take into account the protection of forests adding that for society to reach inclusive and sustainable growth, economic agents must participate in economic activity without harming the environment.
The Central bank Governor insisted that every tree planted is an investment in the wellbeing of the community and generations to come, efforts that will contribute to cleaner air, improved biodiversity, and a more resilient ecosystem.
“I want to urge business houses in the country to develop a culture of planting trees in their various areas of operation. This act will contribute to global reforestation efforts, repair the damaged ecosystem, and engender the culture of climate change mitigation.”
The 60th BoZ anniversary celebrations are being observed under the theme, “60 years of Central Banking: Repositioning for sustainable and inclusive growth in a digital world.”
