PROVIDENCE – Bank of America Corp. and TD Bank recently announced tree-planting events in Providence funded by the banks.
Bank of America volunteers joined local civic groups Oct. 26 to plant 50 trees in south Providence after the bank provided a $250,000 grant to four cities, including the capital. The three other cities are Tucson, Ariz., Kansas City, Mo., and Norfolk, Va.
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In partnership with Groundwork Rhode Island and the Providence Neighborhood Planting Program, the bank said the tree planting is part of an effort to expand “the tree canopy in urban settings and fortify neighborhoods against environmental challenges.”
“Urban trees have been linked to numerous benefits, including cooler cities and reduced energy costs, improved air and water quality, higher property values and better health outcomes,” William F. Hatfield, Rhode Island market president for Bank of America, said in a statement.
In addition, TD Bank Group and the Arbor Day Foundation announced Oct. 19 they have awarded a $20,000 TD Green Space Grant to the city to support tree plantings in “underserved areas.” The event was held in Washington Park in south Providence and also involved Groundwork Rhode Island and the Providence Neighborhood Planting Program.
“Green spaces play a critical role in creating more livable cities,” Andrea Barrack, global head of sustainability and corporate citizenship for TD Bank, said in a statement. “Not only do they provide environmental benefits, but they also provide social services and economic benefits to cities and the people within them.”
Scott Blake is a PBN staff writer. Email him at Blake@PBN.com.
