Maldives Islamic Bank (MIB) has signed an agreement with Soneva Namoona and the Raa Fainu Island Council to implement a sustainable waste management project on the island.
According to MIB, the Memorandum of Understanding (MoU) includes conducting a seven-day waste audit to strengthen waste management practices in Fainu.
This audit will establish the necessary baseline to design an efficient system, facilitate the installation of essential waste management machinery, and provide technical training on equipment operation.
The agreement also outlines plans to conduct "Zero Waste" workshops for the residents of Fainu, focusing on techniques for producing organic compost from waste.
"Under this MoU, awareness sessions on menstrual and reproductive health, titled 'The Big Secret Everyone Knows,' will also be conducted. Additionally, Zero Waste workshops focused on composting techniques are scheduled for the local community," MIB stated.
MIB has been collaborating successfully with Soneva Namoona on environmental initiatives since last year. This partnership previously saw the implementation of a similar environmental project on Baa Goidhoo.
The bank noted that this initiative is part of its Corporate Social Responsibility (CSR) efforts to empower communities and support sustainable environmental development.
