The GGKP and AfDB have joined forces with the WWF and the Economics for Nature (E4N) team to mainstream natural capital in African development finance. The Natural Capital for African Development Finance (NC4-ADF) project aims to lay the foundation for natural capital-based green economies in Africa by mainstreaming natural capital in AfDB’s development finance operations and its support to Regional Member Countries. The project takes an applied, co-creative approach in four pillars with significant opportunities for high-level impact:
- Integrating natural capital in African infrastructure finance
- Developing a business case for natural capital among multilateral development banks
- Promoting natural capital based post-COVID19 green recovery in Africa
- Building capacity for natural capital accounting and assessment in Africa’s green growth
With generous support from the from the MAVA Foundation for Nature and the Federal Ministry for Economic Cooperation and Development of Germany, implemented by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH, the project is being coordinated and implemented by its Joint Implementation Committee. It is made up of designated representatives of the organizations contributing significant financial and in-kind resources to the project, including major implementing partners. For more details on the members of the Committee, please see the Partners and Our Team tabs above.
The project is generously supported by the following organizations:
