Nature-Positive Ventures Crucial for Continent's Future - Experts: Africa
Hosted by the Green Growth Knowledge Partnership , Capitals Coalition, Green Economy Coalition , and World Wide Fund for Nature , the conference featured virtual opening and closing plenary sessions and themed in-person national conversations around the continent. These sessions took place in South Africa, Uganda, Gabon, and Mozambique.
Most countries are falling short of the climate action needed to meet their 2015 Paris Agreement emission reduction targets. Climate finance to help developing countries meet targets is also lagging. Greenfield suggested policymakers consider investments that contribute to the best outcome in multiple areas--environmental, social, and economic.
"The value of nature in the economy is undisputed. We are so intricately linked to nature that we cannot disassociate our relationship with nature, and the more we recognize that, the more we can make strides in achieving the role of nature in the economy," he said. "This is absolutely obvious, but it has perhaps not been invested in sufficiently. Africa has a tremendous amount of natural capital stocks both in minerals and biodiversity, and this can be a tremendous asset for the growth of Africa," she said.Multi-stakeholder engagement, however, is needed to center nature's place in national economic development.
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