Nairobi, July 17, 2024 – The African Natural Capital Alliance (ANCA) and FSD Africa, in partnership with McKinsey, have released a groundbreaking report detailing the findings of the nature stress test conducted on the banking systems of five African countries including Rwanda and Zambia. The report, “Nature Stress Test: Assessing Exposure of Five African Banking...
Dubai – 5th December, 2023: A recent groundbreaking report “Nature Stress Testing: Exposure to Nature-Related Risks Across Africa” published by The African Natural Capital Alliance (ANCA) during their co-session with FSD Africa at COP28, reveals critical insights into the dependence of 62% of African GDP on nature services. Additionally, 70% of communities in sub-Saharan Africa...
This conference will be the first ‘global stocktake’ since the Paris Agreement in 2015. Ahead of the summit, ESG Clarity speaks to industry leaders from across the world to find out what they hope will be achieved in Dubai From the role of private finance, the results of the global stocktake, development of green tech in Asia to...
In response to a pressing biodiversity crisis imperiling the prosperity and sustenance of millions across Africa, prominent financial institutions on the continent are rallying behind an urgent plea to preserve and rejuvenate nature. The landmark “Nature Voices Pledge” is being launched by the African Natural Capital Alliance (ANCA), a collaborative membership organisation whose collective assets...
In this edition of the African Business podcast we speak to Elizabeth Maruma Mrema about her role as co-chair at the Taskforce for Nature-related Financial Disclosures. Maruma Mrema is also the United Nations Assistant Secretary General and the Deputy Director of the United Nations Environment Programme. She is one of Time magazine’s Most Influential People for 2023 – having been...
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...
