The United Nations Development Programme (UNDP) and Standard Chartered Bank have signed a Memorandum of Understanding with the intention of strengthening collaborations and shared commitment to attaining the UN Sustainable Development Goals.
The signing of the Memorandum of Understanding marks a significant milestone for the two organizations’ countrywide development efforts, according to UNDP Country Representative LIONEL LAURENS.
According to Mr. LAURENS, UNDP is prepared to work with Standard Chartered Bank to finance the SDGs and promote employment and youth empowerment.
According to him, UNDP is dedicated to carrying out the MoU for the benefit of Zambia’s people, leaving no one behind in order to achieve the goals of the Agenda 2030.
Speaking at the MoU signing in Lusaka, Mr. LAURENS remarked that the cooperation makes use of the strengths of both Stanchart and UNDP to have a greater transformative effect on people’s lives.
And SONNY ZULU, chief executive officer of Standard Chartered Bank, stated that sustainable development presents excellent investment opportunities and that the private sector is crucial to ensure that such goals are met.
According to Mr. ZULU, there is a tremendous opportunity for business sector involvement in the nation’s growth thanks to the SDGs.
He declared that Standard Chartered will keep working with all parties to promote improved living conditions for the populace.
