Nedbank renews commitment to the environment

Nedbank Namibia, through its Go Green Fund, handed over N$780 000 to six Namibian environmental conservation projects. The Nedbank Go Green Fund was established twenty years ago in collaboration with the Namibia Nature Foundation (NNF) with the aim of promoting conservation and the protection of animal habitats as well as natural resources in Namibia.The Namibia University of Science and Technology (NUST) received N$ 149 500 in support of their Koakoflora project, while the National Botanical Research Institute (NBRI) administered by the ministry of environment, forestry and tourism received N$220 000 in support of two of their projects. Half of the incentive from Nedbank will be administered to the identification and delimiting of important plant areas (IPA’s) in Namibia at Warmbad. The rest of Nedbank’s support the NBRI will apply to the exploration and conservation of plant diversity in the Kunene region. Nedbank further allocated N$119 000 to the Stellenbosch University for a project on species diversity and the geographic distribution of termites and their symbiotic fungi in Namibia. Gobabeb’s biodiversity inventory of the central Namib inselbergs received N$98 445 from Nedbank while the National Museum of Namibia’s national faunal DNA collection enjoys the benefit of N$106 000 from the bank.Nedbank allocated N$54 800 to the Kwando Carnivore Project for its Baseline Survey of Cheetahs and African Wild Dogs in the Mudumu Landscape. Over the course of the last decade, the Nedbank Go Green Fund has lent its support to more than 30 conservation projects across Namibia including environmental education programmes and freshwater fisheries research in northeastern Namibia. One of the benefactors of the Go Green Fund, the Cheetah Conservation Fund (CCF) has received more than N$ 147 000 in support from Nedbank. The CCF was able to start the implementation of their 3-year project to gather vital data on human-carnivore conflict areas for cheetah, wild dogs and other large carnivores in the Greater Waterberg Landscape, with the support they have received from Nedbank Namibia. “Nedbank Namibia’s decision to align its corporate social investment goals with an environmental fund has been hailed as a benchmark in the way corporations can impact real issues on the ground in a long-lasting way,” said Nedbank managing director Martha Murorua.

Nedbank renews commitment to the environment

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Republikein 2025-04-11

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