LAHORE: The South Punjab Forest Company (SPFC) and National Rural Support Programme (NRSP) on Monday signed a Memorandum of Understanding (MoU) to help Pakistan build resilience to climate change by improving the forest cover of Punjab through an increase in private investments and CSR activities.
The MoU was signed by the chief executive officers (CEO) of both the organisations in the presence of senior representatives of World Wide Fund for Nature-Pakistan (WWF-Pakistan) and Green Climate Fund (GCF), specially invited to witness the signing ceremony.
SPFC CEO Tahir Rasheed, while commending the work of NRSP in alleviating poverty, said that SPFC had planned to create 15,000 direct and indirect green jobs in South Punjab and lead to revenue generation of Rs242 billion, which will help eradicate poverty in South Punjab. He further said that SPFC’s initiative will help to achieve Sustainable Development Goal (SDG).
NRSP CEO Dr Rashid Bajwa thanked SPFC and dignitaries from GCF and WWF-Pakistan for attending the signing ceremony. He was of the opinion that the initiative taken by the government of Punjab will help to restore the dwindling forests and also helping to create jobs for the rural community.