The "BML Fehi Project" by the Bank of the Maldives aims to plant 50,000 trees each year throughout the nation. The project was started as one of 12 high-impact monthly community initiatives to mark the Bank's 40th anniversary in November. It will last for five years.
In order to reforest and revitalize island land spaces that have been identified for greening, five islands will be chosen each year to receive 10,000 plants from local nurseries. The BML Fehi Project will have a positive social impact on communities while speeding up the establishment of healthy vegetation on islands, which is desperately needed.
Additional advantages of reforestation include preventing soil erosion, lowering temperatures, balancing carbon emissions, and ultimately creating a more favorable climate.
BML’s CEO and Managing Director, Tim Sawyer expressed his expertise on the course, “We all have a responsibility to safeguard the environment not just for ourselves but for future generations. The Fehi Project will help with efforts in reforesting islands, decreasing our carbon footprint and introducing pleasant social spaces across the country. We look forward to working with Island Councils and supporting local nurseries to make a viable, real difference to islands and communities.”
Island and City Councils are the only groups that can access the BML Fehi Project. Before midnight on July 20, 2022, email application forms to firstname.lastname@example.org. Visit www.bankofmaldives.com.mv/bml-fehiproject for more information on the application and eligibility requirements.