The Sustainable Markets Initiative (SMI) Africa Council has unveiled a new initiative aimed at making natural assets a core component of national balance sheets.
The Natural Capital on African Governments’ Balance Sheets initiative is an institutional investor-public partnership led by the SMI Africa Council, which brings together institutional, technology and legal partners such as the African Union Commission, Africa Investor Group, the Great Green Wall of Africa Foundation, AUDA-NEPAD, the Landbanking Group and Mishcon de Reya.
The Natural Capital on African Governments’ Balance Sheets initiative was announced at COP16, currently taking place from Oct. 21 to Nov. 1 in Cali, Colombia.
This initiative will embed nature as an investable asset class within national economic frameworks and investment portfolios to unlock real investments at scale.
Globally, there is a potential $800 billion annual investment opportunity in nature-based solutions, as Afr
