Lithuania’s Mano Bank has provided funds to buy 291 acres of old-growth forests in the European country, about one-third of which is covered by forests.
The bank’s sustainability initiative is a collaboration with the Ancient Woods Foundation, a Vilnius-based organization that will manage the acquired forests to preserve their ecosystem for future generations.
Lithuania’s first-quarter gross domestic product reached 17.1 billion euros, a 0.8% increase over the last quarter of 2023. This year’s World Happiness Report found Lithuania to be the happiest country in the world for people under 30.