Funding will enable locally led restoration of 600,000 hectares critical for climate and livelihoods
NAIROBI, Kenya, Sept. 5, 2023 /PRNewswire/ -- The Bezos Earth Fund today announces $22.8 million to accelerate the restoration of two African landscapes critical for carbon sequestration, biodiversity and human wellbeing: the Greater Rift Valley in Kenya and the Lake Kivu and Rusizi River Basin in the Democratic Republic of Congo, Rwanda and Burundi.
Bezos Earth Fund President and CEO Andrew Steer announced this funding at the Africa Climate Summit in Nairobi, Kenya. His announcement followed remarks by Her Excellency Mrs. Rachel Ruto, First Lady of Kenya, and Her Excellency Pastor Dr. Dorcas Rigathi, Second Lady of Kenya, emphasizing restoration's vital role in empowering the most vulnerable people to transform their landscapes and livelihoods. First Lady Ruto announced a bold vision to mobilize African First Ladies as champions of grassroots, women-led restoration across the continent.
The funding is part of the Earth Fund's $1 billion commitment to landscape restoration globally. It also adds to the $42.2 million granted previously to accelerate Africa's restoration movement, known as AFR100, and complements recent funding from The Audacious Project and Norway's International Climate and Forest Initiative (NICFI).
"Africa is home to the world's largest restoration opportunity and is a critical player in the global fight against climate change, nature loss, and poverty," said Dr. Steer. "Thirty-four African countries have put forward an ambitious vision to restore 100 million hectares of degraded land by 2030. With these grants we are proud to support the next generation of African institutions that are at the heart of the continent's restoration movement and begin the vital work of leveraging philanthropy into private investment in restoration."
The grants, which are still in process, will enable the restoration of 600,000 hectares of degraded land in the Greater Rift Valley, home to Kenya's water towers and a breadbasket for the region, and the Lake Kivu and Rusizi River Basin, part of the second-largest rainforest in the world and home to five million people. Restoration at this scale can sequester 42 million metric tons of carbon dioxide equivalent by 2050, the equivalent of taking more than 9.3 million gasoline-powered vehicles off the road per year. The grants will:
"Locally led and managed restoration efforts are more likely to deliver long term success and can bring climate and biodiversity benefits along with economic prosperity for communities. The bottom line is without local leadership, local wisdom, and passion, scaling restoration across Africa would be impossible," said Wanjira Mathai, the Earth Fund's advisor for Africa and Managing Director at the World Resources Institute. "Already, Africa is home to some of our planet's greatest restoration successes, and this funding will support locally led restoration to re-green our beautiful African continent."
"Africa is at the forefront of the restoration economy. Thousands of entrepreneurs across the continent are demonstrating that landscape restoration is not just good for the environment, but creates jobs and generates economic returns," said Mamadou Diakhité, Head of the Climate Change and Environmental Sustainability Division at the African Union Development Agency (AUDA-NEPAD) and lead of the AFR100 Secretariat. "These kinds of green jobs are essential for Africa's youth. Africa is a young continent and an entrepreneurial one. We are ready for investment."
Grants in process announced today include:
To learn more about the Earth Fund's restoration work, click here.
About the Bezos Earth Fund
The Bezos Earth Fund is transforming the fight against climate change with the largest ever philanthropic commitment to climate and nature protection. We're investing $10 billion in this decisive decade to protect nature and drive systems-level change, creating a just transition to a low-carbon economy. By providing funding and expertise, we partner with organizations to accelerate innovation, break down barriers to success and create a more equitable and sustainable world. Join us in our mission to create a world where people prosper in harmony with nature.
SOURCE Bezos Earth Fund
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