40TH ANNIVERSARY EVENT 8
Bank of Maldives has announced the islands for its Fehi Project launched in June 2022. Introduced as part of its 40th Anniversary monthly initiatives, this 5-year project aims to provide 50,000 trees to reforest and rejuvenate island land spaces to 5 islands each year.
The 5 islands selected for the year 2022 are:
1. N . Maafaru
2. Lh. Hinnavaru
3. M. Dhiggaru
4. Th. Guraidhoo
Through this project, the bank will provide 10,000 plants, sourced from local nurseries to each winning island. This project will help to accelerate the much-needed establishment of healthy vegetation on the islands while simultaneously creating positive social impact for communities. Reforestation will also provide the added benefits of preventing soil erosion, reducing temperatures, offsetting carbon emissions and ultimately providing a healthier climate.
The BML Fehi Project was open exclusively for Island and City Councils.