AIRLINK 67.90 Increased By ▲ 2.70 (4.14%)
BOP 5.51 Decreased By ▼ -0.06 (-1.08%)
CNERGY 4.48 Decreased By ▼ -0.08 (-1.75%)
DFML 25.71 Increased By ▲ 1.19 (4.85%)
DGKC 68.50 Decreased By ▼ -1.46 (-2.09%)
FCCL 20.12 Decreased By ▼ -0.18 (-0.89%)
FFBL 30.50 Increased By ▲ 1.39 (4.77%)
FFL 9.91 Increased By ▲ 0.08 (0.81%)
GGL 9.99 Decreased By ▼ -0.02 (-0.2%)
HBL 113.75 Decreased By ▼ -0.50 (-0.44%)
HUBC 130.05 Increased By ▲ 0.95 (0.74%)
HUMNL 6.70 Decreased By ▼ -0.01 (-0.15%)
KEL 4.36 Decreased By ▼ -0.08 (-1.8%)
KOSM 4.82 Decreased By ▼ -0.07 (-1.43%)
MLCF 36.50 Decreased By ▼ -0.50 (-1.35%)
OGDC 131.75 Decreased By ▼ -0.55 (-0.42%)
PAEL 22.45 Decreased By ▼ -0.09 (-0.4%)
PIAA 25.69 Decreased By ▼ -0.20 (-0.77%)
PIBTL 6.63 Increased By ▲ 0.03 (0.45%)
PPL 112.50 Decreased By ▼ -0.35 (-0.31%)
PRL 28.95 Decreased By ▼ -0.46 (-1.56%)
PTC 14.85 Decreased By ▼ -0.39 (-2.56%)
SEARL 57.30 Increased By ▲ 0.27 (0.47%)
SNGP 65.99 Decreased By ▼ -0.46 (-0.69%)
SSGC 10.98 No Change ▼ 0.00 (0%)
TELE 8.70 Decreased By ▼ -0.10 (-1.14%)
TPLP 11.57 Decreased By ▼ -0.13 (-1.11%)
TRG 68.35 Decreased By ▼ -0.27 (-0.39%)
UNITY 23.46 Increased By ▲ 0.06 (0.26%)
WTL 1.35 Decreased By ▼ -0.03 (-2.17%)
BR100 7,330 Increased By 35.2 (0.48%)
BR30 23,893 Increased By 38.5 (0.16%)
KSE100 70,487 Increased By 196.9 (0.28%)
KSE30 23,216 Increased By 45.1 (0.19%)

ISLAMABAD: EIGHTEEN the leading luxury real estate destination in the twin cities, has signed an agreement with WWF-Pakistan (World Wide Fund for Nature) for a Tree Plantation Campaign that aims to uplift the green spaces in the capital's urban areas and to improve the environment of the region.

The agreement was signed between Tarek Hamdy CEO Eighteen and Rab Nawaz Senior Director Programmes, on behalf of Hammad Naqi Khan CEO / Director General WWF-Pakistan at the EIGHTEEN Head Office in Islamabad on Friday.

Phase I of the tree plantation drive shall commence from 30th July 2020 and will draw to a close on 14th August 2020 with a ceremony. However, the partnership will be extended till 2023 and EIGHTEEN will fund further plantation initiatives which will entail plantation of thousands of trees across the city in collaboration with WWF-Pakistan, the largest conservation organization of Pakistan.

CEO EIGHTEEN, Tarek Hamdy, said about the initiative, "This plantation is an effort by EIGHTEEN to engage in environmentally-friendly initiatives that help to preserve nature. As socially-responsible investors, we assume the role of protecting and uplifting the environment of the beautiful capital and with this long-term partnership with WWF-Pakistan we are aiming to do exactly that".

Talking about this campaign, Hammad Naqi Khan, Director General, WWF-Pakistan said that trees are extremely important for urban areas as they stabilize climate, regulate the water cycle and provide shelter to a number of bird and insect species.-PR

Copyright Business Recorder, 2020

Comments

Comments are closed.