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For every US dollar put into the massive effort to halt land degradation across the African continent from Senegal in the west to Djibouti in the east, investors can expect an average return of USD 1.2, with outcomes ranging between USD 1.1 and USD 4.4, the analysis finds.
A total of some 20 billion dollars has been pledged internationally to support the scaling up of the Great Green Wall programme, including USD 14.3 billion at a One Planet summit for biodiversity held in Paris in January this year and USD 1 billion from Amazon founder Jeff Bezos at the just-concluded COP26 climate conference.
Concrete details of how these funds can be accessed are yet to be clearly mapped out, says Sacande, adding that unless some of the funding is delivered urgently, it could be too late for planting to catch the limited rainfall expected in June and July.
With its potential for carbon sequestration and restoring biodiversity and its emphasis on the socio-economic benefits to the impoverished communities inhabiting the region, the GGW straddles the key areas of climate mitigation, adaptation and resilience. It also addresses Sustainable Development Goals (SDGs) 1 (No poverty), 2 (No hunger), 13 (Climate action), 15 (Life on land) and 17 (Partnerships)) in the UN’s Agenda 2030.
Når investorer ser penger i ting har det ofte en tendens til å akselerere raskt.
