Country
Afrika

Local Project Partner
WWF-Kenya

German Project Partner
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Donor
WWF

Duration
07.02.2023 - 31.12.2023

Economic growth is often based on over-exploitation of natural resources, which threatens biodiversity and the integrity of ecosystems in Africa. Furthermore, climate change threatens and disproportionately affects the poorest countries on the continent, leading to multiple negative impacts (e.g. droughts, floods, epidemics, etc.). These threaten the prosperity, health and well-being of millions of people. Africa's biodiversity is also of great importance globally for ecological resilience and climate protection.

The initiative aims to address the trade-off between economic development in Africa and the resulting impact on natural resources. The analysis of the status quo will be used to understand the future direction of investments and financial systems in Africa.

This includes the decision-making process within the financial ecosystem, including the stakeholders involved (e.g. governments, business representatives and lobbies, financial institutions, societies, etc.) and their role and influence on the decision-making process itself and on the financial sector in general.

Project Tasks
The task of the Deutsche Sparkassenstiftung is to elaborate in a study the impact of financing decisions on ecosystems in Africa:

• highlighting the general process of financial investment decisions
• Identify opportunities to promote investment in the continent's long-term ecological future and global health
• Develop alternative options for decision-makers and stakeholders to balance the interests and needs of the growing economy and endangered natural resources