Adopt sustainable principles to protect the environment, Emefiele tells Nigerian banks

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By Wisdom Deji-Folutile

Godwin Emefiele, Governor of the Central Bank of Nigeria, has called on banks to protect the environment by embracing sustainable practices when lending money to individuals and corporate entities.

Emefiele said this on Thursday at a tree-planting event at the CBN head office to mark the 2021 World Environment Day.

He said that the Nigerian banking sector was committed to protecting the environment by ensuring that banks adopted principles of sustainable banking when they offer credit.

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“There is the need for the environment to go green. We must join the global community to ensure that we clean the environment and rid the ecosystem of pollutants that are harmful to us,” he said.

According to the United Nations, this year’s World Environment Day will kick off the UN decade on ecosystem restoration (2021-2030).

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