Eurobank: Restitution program of the fire-affected area in Ancient Olympia

Eurobank is implementing a comprehensive rehabilitation program for the wider fire-affected area of ​​Ancient Olympia.

It is a network of actions that will contribute, among other things, to the restitution of the natural environment, to the support of local producers and to the awareness, especially of young people, on issues of prevention and protection.

These actions, focusing on Ancient Olympia, are part of the overall donation announced by Eurobank last August, for the sustainable reforestation of burned areas from the catastrophic fires of the summer of 2021.

The rehabilitation program of the wider fire-affected area of ​​Ancient Olympia is developed in four (4) axes:

Reinforcement of fire-affected areas

With the donation of 20,000 olive trees, the bank participates in the restoration of privately owned olive groves of the Municipality of Ancient Olympia. This is an initiative of the Region of Western Greece, the ARETE Fund and the AMKE “International Relations of Culture”, with overall planning and coordination by the Honorary President of the Hellenic American Chamber of Commerce, Mr. Giannos Grammatidis. Within the framework of this initiative, a total of more than 150,000 olive trees will be donated to local producers.

Tree planting program for reforestable areas

Eurobank is launching a long-term partnership with We4All, a non-profit environmental organization with extensive experience in reforestation.

Through this cooperation, more than 15,000 properly selected trees will be planted in the wider area of ​​Ancient Olympia and the Prefecture of Ilia. We4All’s environmental energy for 2022 will be supported by the General Directorate of Capital Markets (Eurobank), linking, for the first time, tree planting with the distribution of Investment Products (Structured Products) of the Bank.

In this way, Eurobank customers, choosing the placement of funds in the specific products, are actively assisting in the action of tree planting, strengthening the positive footprint for the Greek forests and the natural environment.

The tree planting will be carried out under the guidance of the authorities and specialized agronomists and the areas that will be restored will receive the necessary care for three years to ensure the viability of the project. This action is part of the Eurobank Group’s initiatives for environmental protection and its strategic direction towards sustainable development.

With the help of We4All, additional tree planting actions are launched outside the borders of the Prefecture of Ilia. More specifically, Eurobank, in the context of its participation in the global initiative Priceless Planet Coalition of Mastercard, is committed to offer a significant number of trees around the world, but also in areas of Greece that have relevant needs, the planting of which will begin in the near future. .

Implementation of training activities for teachers & students

Eurobank in collaboration with the Hellenic Society for the Protection of Nature, which has 70 years of experience in environmental education programs, supports the planning and implementation of actions to enhance the resilience of the communities of the Prefecture of Ilia to forest fires, through prevention. The actions will be included in the Learn for Forests Program, approved by the Ministry of Education & Religions for the last 20 years. Provided:

Clearing forests for educational purposes, by schools and volunteer groups.
Training seminars for primary and secondary school teachers.
Actions to inform students and their families about the value and means of prevention, through the production and distribution of audiovisual material.
Voluntary tree planting by Eurobank employees

Eurobank volunteer teams will take part in a tree planting campaign in the greater Ancient Olympia area that will take place within the 2nd planting season of 2022. More specifically, the TeamUp volunteer team and the WeShare charity team will carry out their campaign in collaboration with NGO ethelon and the Panhellenic Voluntary Campaign Let’s do it Greece, in the context of the initiative of voluntary reforestation with the slogan “Roots that unite us”. It is worth noting that similar actions will follow for the restoration of burned areas in Attica and Evia.

The two groups, which include a large number of bank employees, have implemented numerous voluntary actions in recent years, both for the environment and for offering solidarity to vulnerable groups, institutions, unions and other non-governmental organizations.