South Punjab Forest Company
A Public Sector Company registered under Section 42 of the Companies Act, 2017
South Punjab Forest Company (SPFC) and WWF-Pakistan sign MoU to improve forest cover of Punjab
March 22, 2017: South Punjab Forest Company (SPFC) and World Wide Fund for Nature-Pakistan (WWF-Pakistan) have signed an MoU with the aim to achieve the goal of enhancing the forest cover of Punjab by promoting commercial and CSR initiatives with respect to forestry in South Punjab.
The MoU was signed at SPFC’s office by Tahir Rasheed, CEO, SPFC, and Hammad Naqi Khan, DG, WWF-Pakistan. The heads of both organizations pledged to play a role in improving the forest cover in assigned riverine, arid and irrigated areas of South Punjab and also promoting forestry by engaging multinational companies through their Corporate Social Responsibility (CSR) initiatives and protecting the natural tree cover.
It was also agreed that both organizations will share the lessons learnt in other spheres e.g. habitat improvement, importance of corridor connectivity, significance of restoring natural flora and environmental education etc. to promote conservation.
According to Hammad Naqi Khan, DG, WWF-Pakistan, "WWF-Pakistan will support SPFC in establishing relationships with multinational companies (MNCs) and Corporate Sector to engage them in Corporate Social Responsibility (CSR) and commercial forestry initiatives. Furthermore, a plan of action will be prepared to involve the corporate sector in forest conservation and promote the concept of ‘Adopt a Forest’ campaign in collaboration with MNCs and other corporates, for restoring indigenous flora and protecting natural regeneration of forests."
Tahir Rasheed, CEO, SPFC, was hopeful to work closely with WWF-Pakistan in introducing commercial forestry and environmental standards of sustainable forest management to improve the value and yield of forests. According to him, "We’ll strive to promote mutually beneficial relationships that can attract investment, especially from Green Climate Fund (GCF) and other international funds, by leveraging the potential of sustainable forestry in Pakistan. Also through this partnership, we’ll work closely to build relationships, which capacitate investors to plant, harvest and market their crops in environmentally sensitive ways."
Both the organizations also agreed to seek the possibility of getting Carbon Credits for MNCs and other corporates against their efforts to increase the forest cover; organize educational trips to SPFC’s assigned areas for research, knowledge sharing and awareness; develop informational material for the promotion of Public Private Partnership (PPP); and raising awareness to promote commercial forestry and CSR activities in the forestry sector.
More photos of this event can be found here.
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