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Great Green Wall Receives Over $10*billion To Regreen The Sahel - France, World Bank listed among donors

Great Green Wall Receives Over $10billion For Sahel And Sahara Initiative

11 January 2021 International News News


The ambitious Great Green Wall for the Sahel and Sahara Initiative (GGW) has received at least 10 billion United States Dollars in new funding.

The funding will fast track efforts to restore degrading land, save biological diversity as well as create green jobs and build resilience of the Sahelian people.

Emmanuel Macron, President of France, made the announcement at the just concluded One Planet Summit for Biodiversity co-organized by France, the United Nations and World Bank.

The GGW snakes along the southern margin of Africa’s Sahara Desert running from the Atlantic coast to the Red Sea. The Great Green Wall Accelerator makes up 30 per cent of 33 billion United States Dollars needed to achieve the Great Green Wall’s ambitions for up to the year 2030.

Great Green Wall Receives Over $10*billion To Regreen The Sahel - France, World Bank listed among donorsMohamed Cheikh El-Ghazouani, President of Mauritania and current chair of the Conference of Heads of State and Government of the Pan-African Agency of the Great Green Wall, welcomed the Accelerator program on behalf of the region.

“We welcome the announcement of the Great Green Wall Accelerator Initiative, whose objective is to release an initial contribution over the period 2021-2025, to give effect to the commitments of the financial partners in a coordinated framework,” said Ghazouani.

“The mobilization of this additional funding through an innovative approach will certainly contribute to the achievement of the Great Green Wall goals, which aim by 2030, at the restoration of 100 million hectares of degraded land and the creation of 10 million green jobs.

Great Green Wall Receives Over $10*billion To Regreen The Sahel - France, World Bank listed among donors

Prince Charles of Wales

This initiative will certainly facilitate the alignment of our partners’ interventions, in response to the concerns raised by our Ministers of Environment at the last Great Green Wall Conference,” said Ghazouani.

According to António Guterres, UN Secretary General, by restoring 100 million hectares of degraded land, food security would be maintained, households kept afloat and jobs created. Such efforts bring back biodiversity, reduce the effects of climate change and make communities more resilient.

Ghazouani stressed that it would “enable our countries, in accessing the necessary funds, to increase local investments within the framework of the five pillars adopted and to strengthen the capacities of the national agencies of the Great Green Wall.

Great Green Wall Receives Over $10*billion To Regreen The Sahel - France, World Bank listed among donorsIn this context, I would like to suggest the establishment, in each of our countries, of a biodiversity Fund into which we will contribute a portion of the resources resulting from the cancellation of our debts. Cancellation that we call for with all our hearts.”

Since its inception in 2007, the Great Green Wall (GGW) has partnered with stakeholders to regreen the region and create an 8,000 km long world wonder involving at least 11 countries and to achieve the Sustainable Development Goals by 2030.

The GGW Initiative, now well into its second decade, is an African-led flagship program demonstrating how to harness the power of nature to provide policy solutions to multiple and complex environmental threats, such as land degradation, desertification, drought, climate change, biodiversity loss, poverty and food insecurity, simultaneously.

Great Green Wall Receives Over $10*billion To Regreen The Sahel - France, World Bank listed among donors

Dr. Akinwumi Adesina, President of the African Development Bank Group at the One Planet Summit, Great Green Wall Investment Summit.

The GGW has inspired many African countries which are now associated with it and its work is contributing to the implementation of the post-2020 global biodiversity framework. GGW is among the iconic global campaigns targeted for completion during the Decade of Ecosystem Restoration ending in 2030.

The virtual One Planet Summit for biodiversity held on January 11, 2021 in Paris was an opportunity to raise the level of ambition of the international community in protecting nature, while responding to the new questions raised by the COVID-19 pandemic as we collectively mobilize resources to build back better and improve livelihoods in the Sahel through the Great Green Wall Initiative.

The summit mobilized resources, heads of government and partners as well as leaders of international organizations, financial institutions, the business sector and NGOs to make commitments for concrete action to preserve and restore biodiversity, to make strong new announcements and to launch transformational initiatives for nature.

 

 

 

 

 

UNCCD


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