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To support green economic transition and a green post-COVID recovery in Africa, there is an urgent need to help financial institutions and governments make more nature-positive investment decisions on a routine basis.
Recognizing this, the Green Growth Knowledge Partnership (GGKP), African Development Bank (AfDB) and World Wide Fund for Nature (WWF) launched the Natural Capital for African Development Finance (NC4-ADF) project in 2021.
This report provides a contribution to the NC4-ADF project by demonstrating a use case of natural capital approaches in an agricultural development project in Africa. This use case is to provide the opportunity to build institutional and political consensus for mainstreaming natural capital in lending practices of African development finance institutions.
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Sub-Saharan Africa faces the worst land degradation in the world. This jeopardizes its efforts to reduce poverty as most rural livelihoods depend heavily on natural resources. Although a number of policies and strategies have been designed to reduce poverty and achieve food security, more has to be done. This study...