Sadaharitha aids investors mitigate global warming
Sadaharitha Plantations are offering ‘ecofriendly’ investors the opportunity to help reduce greenhouse gas emissions that lead to global warming, while reaping a high return in the long term through commercial forestry.
It is estimated that the world’s tropical forests will be lost by the end of this century. Afforestation is a highly cost-effective way of reducing greenhouse gas emissions to protect the environment.
Sadaharitha Chairman Sathish Navarathna said “We have over 2000 acres of forestry and a portfolio of over 26,000 satisfied customers all over Sri Lanka who realize the enormous potential the investment offers in economic terms in addition to contributing in a big way to preserving the environment, not only by reducing greenhouse carbon emission, but also by protecting the land during inclement weather conditions.”
It is a noteworthy fact that although tropical forests cover only 12 percent of the planet, it is the habitat of more than half of the world’s plants and animal species. At the current rate of deforestation this precious ecosystem will disappear within the next 100 years.
Sadaharitha Plantations, the winner of the Gold Green Award in 2012, is engaged in forest plantations management with sandalwood, teak, mahogony, rambutan and agarwood to earn foreign exchange for the country.
University of Sri Jayewardenepura Department of Forestry and Environmental Science Senior Lecturer Dr. Upul Subasinghe, who is conducting research on Forest Management of non-timber forest products such as agarwood and sandalwood, commended Sadaharitha Plantations on their efforts to promote commercial forestry which helps protect Sri Lanka’s environment while enriching the economy and said “planting forests offer a significant cooling benefit with the sun’s heat absorbed by the dark forest canopy, contributing to reduced global warming.”
‘Green Economy Concept’ that Sadaharitha has adopted mitigates global warming and is defined by United Nations as one that improves human well-being while reducing environmental risks and ecological scarcities. The company has provided over 900 direct green employment opportunities and introduced innovative forest-based income generation to the villagers living in areas adjacent to the Sadaharitha forests.