
The African Development Bank and the Green Growth Knowledge Platform (GGKP) Join Forces to Mainstream Natural Capital in Development Finance
AFRICA, Banking World, EAST AFRICA, Housing Finance Bank, INTERNATIONAL, Ivory Coast, Standard Chartered Bank, TECHNOLOGY, Uganda Banker's association, World Bank
Natural capital is the stock of renewable and non-renewable natural resources, such as plants, animals, air, water, soils and minerals
ABIDJAN, Ivory Coast, December 23, 2020
-- The African Development Bank (https://www.AfDB.org/) and the Green Growth Knowledge Platform (GGKP) have been awarded a two-year, CHF 241,875 ($273,439) grant from the MAVA Foundation to mainstream natural capital in development finance in Africa.
MAVA, a philanthropic foundation, promotes the conservation of biodiversity and advocates for sustainable economies in the Mediterranean, West Africa and Switzerland.
The grant will support activities to develop a business case for natural capital among multilateral development banks, scale up the application of natural capital in infrastructure ...