Banking Briefs
IN a bid to ensure sustainable cities and communities under the Sustainable Development Goal, SDG, of the United Nations, UN, Keystone Bank Limited has partnered with the Nigerian Conservation Foundation, NCF, on tree-planting campaigns in Lagos State. The trees are expected to absorb carbon dioxide in the environment and create an ecosystem that will help to reduce pollution.
Speaking on the campaign in Lagos recently, Adeyemi Odusanya, executive director of the bank, said some staff members of Keystone Bank recently visited the NCF office in Lagos to plant some Mahogany trees. He said the objective was to further the operations of the bank with the Sustainable Development Goals, adding that under the arrangement, NCF would nurture the plants to maturity.
“The SDGs are a collection of 17 global goals designed to be a blueprint to achieve a better and more sustainable future for all. They were set in 2015 by the UN General Assembly and intended to be achieved by the year 2030. The SDGs include No Poverty, Zero Hunger, Good Health and Well-being, Quality Education, Gender Equality, Clean Water and Sanitation, Affordable and Clean Energy, Decent Work and Economic Growth, Industry, Innovation and Infrastructure.
“Others are Reducing Inequality, Sustainable Cities and Communities, Responsible Consumption and Production, Climate Action, Life Below Water, Life On Land, Peace, Justice, and Strong Institutions and Partnerships for the Goals. The goals are broad-based and interdependent. Under the SDG 11 of Sustainable Cities and Communities, cities and human settlements are expected to be safe, resilient and sustainable. The target for 2030 is to ensure access to safe and affordable housing, while the indicator that will be used to measure progress toward this target is the proportion of the urban population living in slums or informal settlements.
“Consequently, between 2000 and 2014, the proportion has fallen from 39 percent to 30 percent. Although the absolute number of people living in slums went from 792 million in 2000 to an estimated 880 million in 2014, movement from rural to urban areas has accelerated as the population has grown and better housing alternatives are now available. However, in 2019, substantial progress was made in reducing the proportion of the global urban population living in slums, though more than one billion people continue to live in such situations.
“Urgent action is, therefore, needed to reverse the situation which sees the vast majority of urban residents breathing poor quality air and having limited access to transport and open public spaces. So, there are profound repercussions for sustainability within the areas occupied by cities growing faster than their population.”
– Feb. 21, 2020 @ 17:24 GMT |
Tags: Keystone Bank partners NCF to plant trees in Lagos
