In the wake of the dramatic decline in honeybee populations, Nedbank’s agricultural division in the Western Cape has committed to planting 100 trees annually to help provide high levels of pollen and nectar that these bees need for their existence.
This follows the revelation in the World Economic Forum’s Global Risks Report which, for the first time, identified all top five global risks as environmental in nature. Among the risks highlighted in the ten-year outlook is the failure to mitigate and adapt to climate change, major biodiversity loss and ecosystem collapse. A critical link in these threats is the dramatic decline in honeybee populations globally.
Nedbank’s indigenous tree-planting initiative will be in line with the objectives of the Boland Trees for Bees Pledge Fund started by The Bee Effect and Boland Cellar in partnership with the Greenpop Foundation.
It aims to restore ecosystems and degraded forest areas by providing beneficial nectar and pollen sources for bees through reforestation. This promises to greatly benefit the reforestation needs of Greenpop’s Forests for Life programme in the Western Cape and Eastern Cape.
Daneel Rossouw, the divisional agriculture manager for the southern division at Nedbank, says that this programme supports the focus of the bank on sustainability.
“At Nedbank, we believe we have a significant role to play in driving sustainable development and in particular a responsibility to help the agricultural sector evolve to a more efficient and productive model through sustainable agricultural practices.”
Honeybees are critical to the food supply, as all agricultural food crops grown around the world depend on pollination, with bees responsible for the majority of this, says Rossouw.
“In addition to their role in our food chain, the honeybee pollinates many of the other plants that serve as habitat and food sources for wildlife. This programme is unique as it does not just feed our honeybees: Reforestation plays a key role in carbon sequestration and supports the rehabilitation of our water catchment areas, which are critical biodiversity areas that are not sustainable without reforestation.”
Rossouw adds that this initiative provides an important educational and influencing opportunity, and is aligned with programmes Nedbank is involved with through partners such as the Nedbank WWF Green Trust and FoodForward SA.
“Thus, another piece of the puzzle that sees the bank responding to the need to protect the ecosystems that we and our clients rely on.”