“Ethiopia Planted Over 350 Million Trees in a Day With Help from GPB Global Resources B.V.” Article Recap

GPB Global Resources and the government of Ethiopia are working together to plant four billion trees as part of a project led by Prime Minister Ably Ahmed called the “Green Legacy Initiative.” On July 29, 2019, this project planted 350 million trees in a single day. On that day, GPB Global Resources helped two communities plant 1,000 trees. A study by ETH Zurich says that the planet can support 4.4 billion hectares of total forest, which is 1.6 billion more hectares than the current tree cover worldwide. When these trees reach adult growth, they can store over 200 billion tons of carbon, which is 2/3 of the total amount of 300 billion tons of carbon that humans have produced since the Industrial Revolution.

GPB Global Resources works in hydrocarbon exploration in Ethiopia, and its participation in the tree-planting effort is part of the company’s agreement with the national government allowing it to enter the country and work in this industry. This agreement also included projects in other areas such as food security, water access, schools and education, medical equipment and training, and other general community issues. Working on these areas, GPB Global Resources helped improve farmland irrigation, set up two water supply systems, provided medical supplies and training to local medical centers, and supplied Q-drums to assist people in carrying fresh water. Government authorities inspected these projects in March 2019, and found that additional projects were needed in the future for various reasons, including help for more access to water via water wells, supply and storage improvements, water treatment and more Q-drums, more school supplies, more medical equipment, and youth sports equipment.

GPB Global Resources is a mineral and petroleum company in operation in various countries, including Russia. Its founder and managing director is Boris Ivanov. The company employs approximately 1,000 people. It works with local governments or companies when it works in Africa, and tries to include positive aspects to the disruption that mineral and petroleum extraction can bring to developing countries.

https://www.crunchbase.com/organization/gpb-global-resources-b-v

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