Africa’s natural capital stocks are shrinking rapidly – Government of Germany

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The Ghana and Germany flags

Africa’s prosperity depends on preserving its vast natural wealth, but the continent’s natural capital stocks are dwindling rapidly, a new report released Tuesday (August 24) by the German government concludes.

The report, one of the most comprehensive assessments to date of the strong links between Africa’s development and nature conservation, is the latest study to show that economic recovery and nature protection are closely linked. . He points out that investing in nature is a critical development strategy, with benefits that are 8-9 times the costs.

Written by a team of researchers from Germany, Morocco, Mauritania, Ethiopia, the Democratic Republic of the Congo, Madagascar and Côte d’Ivoire, the study shows that the continent’s most important economic sectors, notably agriculture, fishing, tourism and hydropower – will thrive if nature is protected.

The study also highlights the essential role nature plays in building resilience against the impacts of climate change, including natural hazards and disasters.

The report considers human rights and social justice as fundamental principles of conservation and calls for the participation and inclusion of local and indigenous communities. He argues that nature conservation can only be successful in partnership with those who live directly with and depend on nature.

The study follows the announcement that the Conference of the Parties to the Convention on Biological Diversity (COP15) will be further delayed due to the coronavirus pandemic.

The biodiversity summit, where 196 countries will agree on an action plan to end the nature crisis, is now due to take place in two parts: virtually from October 11 to 15, 2021 and in person in Kunming , in China, from April 25 to May 8. , 2022.

Eighteen African nations are among the 65 members of the High Ambition Coalition for Nature and People, a coalition of countries led by Costa Rica, France and the United Kingdom seeking to protect 30% of the planet by 2030. The HAC is moving forward with ambitious plans to tackle biodiversity and climate crises ahead of the delayed COP15.

Earlier this year, as part of this global campaign to protect nature, a coalition of public and private donors launched the Legacy Landscapes Fund, which aims to provide sustainable and reliable core funding to at least 30 key protected areas. in Africa, Asia and Latin America. .

Brian O’Donnell, Director of Campaign for Nature, said: “This study confirms for Africa what other recent studies have shown for the global economy: protecting nature is a wise investment that generates benefits. for economies and local communities that far outweigh the costs. .

Now is the time to act, including protecting at least 30% of the planet by 2030 and mobilizing financial resources for effective implementation.

With this report and its financial support for international conservation, Germany is helping to lead the way. It is high time for high-income countries to step up their efforts and help make the investments in nature that Africa and other low-income regions need. For them and for all. “


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