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

Sahel Region: AfDBTo Mobilise $6.5 Billion In Support Of Great Green Wall Initiative

12 January 2021 International News News


The Sahel region’s Great Green Wall Initiative received a major boost from the African Development Bank on Monday. During a forum hosted by French President Emmanuel Macron and His Royal Highness the Prince of Wales, the Bank pledged to assist in mobilising up to $6.5 billion over five years, to advance the landmark initiative.

The resources will be made available through a range of programmes in support of the Great Green Wall by drawing on internal as well as external sources of funding, such as the Sustainable Energy Fund for Africa (SEFA) and the Green Climate Fund (GCF), among others.

Great Green Wall Receives Over $10*billion To Regreen The Sahel - France, World Bank listed among donorsMultilateral development partners joined the Bank in pledging funding for the African-led initiative that aims to rejuvenate life in Africa’s current desert landscapes, providing food security, jobs and a reason for millions of Africans from Senegal to Djibouti to stay in the Sahel region. The forum took place in the margins of the One Planet Summit.

According to Bank President, Akinwumi Adesina, “As we rebuild from the coronavirus and its impacts on our world, we must recalibrate growth. We must prioritise growth that protects the environment and biodiversity, and we must de-prioritise growth that compromises our common goals.”

Addressing the summit virtually from Abidjan, Adesina informed delegates that, “The Great Green Wall is part of Africa’s environmental defence system—A shield against the onslaughts of desertification and degradation.

The future of the Sahel region depends on the Great Green Wall. Without the Great Green Wall, the Sahel region as we know it may disappear.” Climate change has led to extreme temperatures, fluctuating rainfall and drought in the Sahel, a region that is home to 250 million people living in ten countries. Millions of livelihoods and hard-won development progress are threatened.

The Great Green Wall’s plan is to plant an 8,000 km long and 15 km wide mosaic of trees, grasslands, vegetation and plants across the Sahara and Sahel that can restore the degraded lands and help the region’s inhabitants produce adequate food, create jobs and promote peace in the region.

“The Great Green Wall is a wall worth building. A wall that brings people together, not one that pulls them apart. A wall that insulates, not one that isolates. A wall that protects our collective existence.

A wall for the environment—a wall for the planet,” Adesina said. A lack of finance has been the project’s major constraint to realising its goal of creating 10 million jobs, sequestering 250 million tonnes of carbon and restoring 100 million hectares of degraded land in the 11 countries of the Sahel-Sahara region.

 

 

 

AfDB


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