Activating the green recovery action plans in Africa through nature-based solutions and natural capital approaches
Activating the green recovery action plans in Africa through nature-based solutions and natural capital approaches
In 2020, the African Development Bank (AfDB) and the Green Growth Knowledge Partnership (GGKP) joined forces with the World Wide Fund for Nature (WWF) and the Economics for Nature (E4N) team to launch the Natural Capital for African Development Finance (NC4-ADF) initiative to lay the foundation for mainstreaming natural capital in African development finance. This policy brief provides an overview of key concepts relating to natural capital and NbS to better inform the practical implementation of a green recovery in Africa, targeting its policy makers and a wider audience. It introduces key entry points for NbS in activating green recovery, as set out in the African Union’s Green Recovery Action Plan. It also outlines successful NbS case studies for Africa, to build awareness of the role NbS can play in green recovery. It then proposes some key actions that can be implemented to deliver on the potential of NbS to activate green recovery in Africa,