Nedbank avails N$930 000 to the Go Green Fund

By Tomas Gabriel and Matias Ameinge

MET-  An amount of N$ 930,000 was handed over from NEDBANK to the Nedbank Go Green Fund, managed by the Namibia Nature Foundation (NNF).

 The NEDBANK Go Green Fund is an initiative striving towards preserving of the natural environment in Namibia and in support of the sustainability of natural resources.

Nedbank has injected 7 million into the Go Green Fund, supporting over 40 conservation projects across Namibia, ranging from environmental education programmes in the South to fresh water fisheries research projects in the North East of Namibia.

During the official handover of the fund, which took place in Windhoek on the 30th July 2019, the Minister of Environment and Tourism, Honorable Pohamba Shifeta said the funds came at the right time when the country gripped with many challenges such as poaching, human wildlife conflict, climate change, lack of benefits to communities from natural resource extraction and environmental degradation.

The Minister added that the Fund is a demonstration of how private corporations can work with civil society to bring about greater change and contribute to Namibia’s sustainable development based on sound research.

He encouraged that all sectors in the country should observe the highest standards of environmental protection as prescribed in the principles of the Environmental Management Act No 7 of 2007.

He also encouraged all companies and business people to include environmental protection as part of their corporate social responsibility by investing in activities that support and promote the sustainable utilization of natural resources in the country.

The minister finally expressed his thankfulness to the Nedbank and Namibia Nature Foundation and wished them well in their future implementation of projects that delivers positive impacts to communities.