Our mission is to catalyse nature-positive African economies, enabled by a financial sector that recognises and acts on nature-related risks and opportunities.
Working across public and private sectors, we support approaches to policy, regulation, and investment that maximise the opportunities for sustainable growth from and for Africa’s natural capital.
We, the members of the African Natural Capital Alliance (ANCA), recognising the critical role of nature in our continent’s well-being and sustainable development, pledge to uphold the following principles and commitments:
1. Acknowledging the Importance of Nature: We acknowledge the intrinsic value of nature and the essential services it provides for all life on Earth. We understand that the preservation and restoration of natural capital are fundamental for the prosperity of present and future generations.
Nature is the cornerstone of Africa’s growth. Up to 62% of its GDP is highly or moderately dependent on nature or natural systems. But our natural resources are being degraded by overexploitation, overpopulation, land-use changes and climate change are among the key drivers of nature loss in Africa causing great threats to economic stability and prosperity. $195 billion is the estimated yearly loss of natural capital in Africa. For example, overexploitation has caused the stock of mammals, fish, amphibians and reptiles to fall by ~65% between 1970 and 2016, for instance in the Congo Basin and Freshwater biodiversity has also declined 84% since 1970.
These have real ramifications for the economy and resultant financial risk. According to Oceanpanel.org, climate change and ocean acidification are expected to cause the destruction of 72% of coral reef habitats by 2100; and overfishing and pollution are further damaging the ocean ecosystems. As a result, Egypt may lose up to 94% of coral reef tourism-related value.
In this insightful discussion, Sandra Villas from Oliver Wyman hosts Dorothy Maseke, the lead for Nature Finance and the Taskforce for Nature-related Financial Disclosures at FSD Africa, and head of the African Natural Capital Alliance (ANCA) they explore the vital role of nature in Africa’s economy, the risks posed by environmental degradation, and the innovative financial solutions being developed to foster sustainability and resilience across the continent.
Learn about Dorothy’s inspiring journey, the mission of ANCA, and the impactful work being done to catalyse nature-positive African economies. Don’t miss this compelling conversation on the intersection of finance, nature, and sustainable development.