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I&M Bank Foundation Injects Sh50MN in an Environment conversation Project in Partnership with KCDF

NAIROBI, Kenya July 22 – The I&M Bank Foundation and the Kenya Community Development (KCDF) Foundation have signed an environmental conservation partnership that seeks to inculcate the culture and practice of environmental awareness and conservation among young Kenyans.

Under the partnership with KCDF, I&M has set aside investment of over Shs 50 million from the Bank’s Foundation in the next three years which is expected to benefit over 5,000 households in the two counties.

The programme targets children and the youth in 172 learning institutions (primary, secondary and vocational) in 4 sub-counties in Narok and Kilifi counties.

Sarit Raja-Shah, Trustee, I&M Bank Foundation noted that the bank’s venture into sustainable environment programme is aimed at playing a critical role in achieving the country’s economic growth plans.

“The partnership with KCDF is aimed at benefiting children and the youth in Narok and Kilifi counties, perfectly aligns with the Bank’s Foundation’s initiatives on environmental conservation; and I believe that this will help nurture a generation of passionate environmentalists for generations to come,” he added.

Eunice Mathu, the Chairperson of KCDF,on the other hand noted that the partnership will provide the space and engagement to see the desired practices take root in the target schools and communities.

“To ensure that the programme’s implementation runs seamlessly, the I&M Bank Foundation will provide resources to implement the program; the I&M Bank staff members will join the community and schools in scheduled events like tree-planting drives, national environment days, and county engagement forums; they will also volunteer expertise, skills and time in the capacity building of communities and schools in financial literacy,” Kihara Maina, Trustee at the I&M Bank Foundation added.

The rollout will be implemented through targeted learning institutions (primary, secondary and vocational) and areas around religious institutions, markets among others.

Tree planting exercises, training on solar energy are among the key activities that will be conducted under the programme.

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“The programme endeavors to help counter the current environmental degradation and effects of climate change; by restoring the environment through tree planting, adoption of clean energy including use of energy-saving ,Jikos, solar for lighting, and sustainable waste management which includes investment in waste collection points and use of bio-gas, while nurturing a generation of future environmentalists,” I&M said through a statement.

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