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Government of Kenya plan to plant 15B trees get major boost from Old Mutual Insurance

Old Mutual Group has committed to planting three million trees within the next decade as part of the company's broader climate action and sustainability strategy. This year, the Group intends to plant a minimum of 20,000 trees in the Aberdare National Park and monitor their progress, which will contribute to rehabilitating 60 hectares of the park through a partnership with the Kenya Wildlife Service that dates back to 2017. To date, the Old Mutual has planted over 40,000 seedlings covering about 36 hactares of the park. The initiative alignsΒ  with President William RutoΒ  ambitious target to increase Kenya's forest cover to 28 per cent from the current 8.8 per cent by 2030 as part of efforts to curb the country’s exposure to climate change. Addressing the public during Jamhuri Day celebrations on December 12, Ruto said that his administration plans to grow 15 billion trees on 11 million hectares of land across the country to offset lost trees and shield communities from the adverse effects of the harsh climate. "The State will rely on public administrators to plant at least 3,000 trees weekly to achieve the ambitious plan that is part of the country’s Vision 2030 which targets to move Kenya to a middle-income nation,'' Ruto said. The park has a significant role in providing water to the 80 per cent of the Kenyan capital city, including other counties such as Nyeri and Nyandarua and is also a habitat for wildlife. Speaking during the tree planting exercise at the park,Β Old Mutual Group EA CEO Arthur Oginga said that the move to rehabilitate the park has so far registered an 80 per cent success rate, visible through the natural regeneration of the site. "Through this tree planting exercise, we hope to restore the park's ecosystem and preserve its biodiversity, making it a vibrant natural habitat for wildlife and a source of livelihood for surrounding communities."Oginga said. Old Mutuals' targets are guided by the Group’s Climate Change Action Strategy which considers the social and economic implications of initiatives taken, the urgency articulated through the science of climate change, as well as responsibility toward appropriate risk and opportunity management. Read more: https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.the-star.co.ke/business/kenya/2023-05-03-old-mutual-joins-rutos-15-billion-trees-dream-by-2030/%23:~:text%3DAddressing%2520the%2520public%2520during%2520Jamhuri,effects%2520of%2520the%2520harsh%2520climate.&ved=2ahUKEwj9ip3_59r-AhXcTqQEHaFiAVoQFnoECBMQBQ&usg=AOvVaw2rEG9O0wifELgYLZBCBc2K

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  • George Kariuki

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    62 w

    This is the way to go.

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  • Stephen Kariuki

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    Great move

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    • Harrison wambui

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      A big big win to the society

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      • Tabitha Kimani

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        62 w

        Great collaboration.

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        • Sarah Chabane

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          62 w

          Inspiring move!

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          • Gorffly mokua

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            62 w

            Trees for future!

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            • Elizabeth Gathigia

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              62 w

              Great initiative here let's go green πŸ‘

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              • Daniel Waweru

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                62 w

                This is great collaboration towards a very significant role. Lets go green

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                • Annett Michuki..

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                  62 w

                  this is a great initiative for this rainy season

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                • Pradeep Mohapatra

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                  62 w

                  Big Congrats for undertaking tree plantation, may be small initiative but it is a big impact to challenge triple planetary crisis.

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                  • Daniel Waweru

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                    62 w

                    @pradeep_mohapatra it will really go a long way

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                    • Patrick Kiash

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                      59 w

                      @pradeep_mohapatra it's encouraging to see companies,organisations,etc are collaborating together to find some solutions.

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                    • rosebellendiritu

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                      That's a significant number of trees that will bring change to the universe.good for old mutual to boost this implementation

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                      • Daniel Waweru

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                        @rosebellendiritu the future of our climate is promised

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