According to ANCA Economic activity is depleting nature with nearly 75 percent of land surface significantly altered. The dependence of Africa’s economy on natural capital exceeds the global average, with over 70% of people in sub-Saharan Africa depending on forests and woodlands for their livelihoods. The lack of proper data, legal and regulatory structure to...
Nairobi, 25 July 2023: A new report from the collaborative forum of African financial institutions the African Natural Capital Alliance (ANCA) and management consulting firm Oliver Wyman has underlined the growing importance of African regulators acting on nature-related risks in line with their mandate of maintaining financial stability. The report “Improving the transparency of nature-related...
NAIROBI, Kenya, July 25 – Finance firms in Africa are beginning to recognize the risk that the sector faces from environmental degradation. This is revealed in a new report dubbed ‘Improving the transparency of nature-related risks in Africa’ by the African Natural Capital Alliance (ANCA). ANCA was founded by leading banks and insurers in Kenya,...
African Leadership University’s School Of Wildlife Conservation (ALU’s SOWC), Dalberg, and FSD Africa Investments bring together their in-depth expertise in biodiversity conservation and restoration, finance, and impact investments to form a partnership that will help investors measure and track the impact of their biodiversity-related investments over time. NAIROBI, KIGALI, DAR ES SALAAM – A pioneering initiative...
A new report has pinned the overall value of nature markets at a huge $10tr – but will it cut through with decision makers at COP15? The launch of the UN biodiversity talks in Montreal this week has prompted yet another report that attempts to put a financial value on the services nature provides to...
COP27 may be over but its impact will be felt for many decades to come. Discussions highlighted nature’s pivotal role in tackling the climate crisis. Here we reflect on 10 areas where progress is being made on climate action. The implications of COP27 will likely be felt for decades to come, for better or worse....
The new alliance aims to coordinate policies and practices at financial institutions, companies, regulators and policymakers toward the growth and protection of Africa’s natural resources Nairobi: 8th June 2022 A group of leading financial institutions from across Africa has come together with Ghana’s Ministry of Environment, Science, Technology & Innovation (MESTI), and the UK-funded financial sector development...
We are all asset managers,” writes Professor Partha Dasgupta in his seminal study on the economics of biodiversity. “Whether as farmers or fishers, foresters or miners, households or companies, governments or communities,” we all influence the store of value held in our most precious asset — the natural world around us. We depend on nature...
