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By Frank Amani, Dar es Salaam
The private sector and other stakeholders in the country have asked the business community to adopt the concept of green investment that will promote economic growth while reducing pollution and greenhouse emissions.
The Tanzania Private Sector Foundation (TPSF) Deputy Executive Director, Louis Accaro said in Dar es Salaam yesterday at the stakeholder’s workshop on ‘achieving enterprise and societal benefits through Green Investment practices and Corporate Social Responsibility’ (CSR) that there will be new demands for adopting green investments for the benefit of the country.
The workshop was jointly organized by the Tanzania Private Sector Foundation (TPSF) and World Wide Fund for Nature (WWF).
Accaro said the green investment will guarantee the minimization of wastes and inefficiencies, by ensuring that natural resources and biodiversity are managed and maintained responsibly.
He said the concept of green investment has been practiced in business community by socially responsible corporate companies in form of Corporate Social Responsibility (CSR) activities tackling the environmental protection elements in communities.
He said in order to promote both the green investment and CSR in Tanzania, there is need to conduct sensitization and awareness workshops including seminars to get an understanding of green investments and its relationship to the broader CSR concept.
“With this workshop, we want to see that green investment is practiced in other sector of the economy. We want local industries in African to ensure it reduces waste emissions through green investments” he said.
On his part., the WWF Regional Trade and Investment Coordinator, Christine Tam said her organization is spearheading such an initiative in order to promote the business sector and make it socially responsible investors.
She said green investment is likely to contribute to sustainable economic development through acknowledging the linkages between environmental degradation and long term negative economic impacts as well as looking at the numerous benefits that comes with the ecosystems.
She insisted that WWF in the country is ready and willing to work with private sector to promote green investments and CSR for sustainable economic development.
The private sector and other stakeholders in the country have asked the business community to adopt the concept of green investment that will promote economic growth while reducing pollution and greenhouse emissions.
The Tanzania Private Sector Foundation (TPSF) Deputy Executive Director, Louis Accaro said in Dar es Salaam yesterday at the stakeholder’s workshop on ‘achieving enterprise and societal benefits through Green Investment practices and Corporate Social Responsibility’ (CSR) that there will be new demands for adopting green investments for the benefit of the country.
The workshop was jointly organized by the Tanzania Private Sector Foundation (TPSF) and World Wide Fund for Nature (WWF).
Accaro said the green investment will guarantee the minimization of wastes and inefficiencies, by ensuring that natural resources and biodiversity are managed and maintained responsibly.
He said the concept of green investment has been practiced in business community by socially responsible corporate companies in form of Corporate Social Responsibility (CSR) activities tackling the environmental protection elements in communities.
He said in order to promote both the green investment and CSR in Tanzania, there is need to conduct sensitization and awareness workshops including seminars to get an understanding of green investments and its relationship to the broader CSR concept.
“With this workshop, we want to see that green investment is practiced in other sector of the economy. We want local industries in African to ensure it reduces waste emissions through green investments” he said.
On his part., the WWF Regional Trade and Investment Coordinator, Christine Tam said her organization is spearheading such an initiative in order to promote the business sector and make it socially responsible investors.
She said green investment is likely to contribute to sustainable economic development through acknowledging the linkages between environmental degradation and long term negative economic impacts as well as looking at the numerous benefits that comes with the ecosystems.
She insisted that WWF in the country is ready and willing to work with private sector to promote green investments and CSR for sustainable economic development.
SOURCE: THE GUARDIAN
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