Centenary Bank has embarked on a remarkable endeavor to support afforestation in the country with the aim of promoting environmental conservation and scaling back on climate change. This is being done proactively in partnership with the local leaders of the different cities in which the trees are being planted.
Climate change has had a profound impact on various regions in Uganda, causing environmental degradation, biodiversity loss, and increased vulnerability to natural disasters. According to the Notre Dame Global Adaptation Initiative (2021), the year seems old, what are the latest stats? Uganda ranks as the 13th most-vulnerable country in the world to climate change and 160th out of 192 nations in readiness to confront the threat.
Sustainable Development Goal 13 calls for climate action and a report from the United Nations, indicates that by 2030, an estimated 700 million people will be at risk of displacement by drought alone.
As a result, this initiative is part of the bank’s efforts to combat environmental stewardship in order to decrease its carbon footprint and actively contribute to the battle against climate change. Centenary Bank strives to raise environmental awareness, foster a culture of responsible citizenship, and contribute to the overall well-being of communities by actively engaging in these sustainable activities, as defined in SDG 13’s goals of raising environmental awareness, fostering a culture of responsible citizenship, and enhancing community well-being. This greening effort is consistent with the bank’s commitment to sustainability and helps to accelerate good change in the fight against climate change.
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