Public Management

German BMZ commits funds for the preservation of three African parks

German BMZ commits funds for the preservation of three African parks
Thursday, 19 May 2022 16:24

In Africa, the pressure exerted by human activity on wildlife threatens the survival of several species. Estimates have it that the number of African elephants dropped from 10 million to 350,000 over the past 100 years.  The project funded is one of the many others initiated to reverse that trend. 

Zambia’s North Luangwa National Park, Zimbabwe’s Gonarezhou National Park, and Odzala DRC’s National Park will receive funding from the German government to support and preserve their natural environment. The support was announced, Tuesday (May 17) on the German Development Ministry’s website.  

They will receive a US$1 million grant each over the next 15 to 30 years. Overall the country is committing US$500 million to the project which also includes parks in South America and Asia. The project aims to "facilitate lasting protection for the world's most valuable conservation areas," reads the release announcing the funding.  

"A very large proportion of the world's most biodiverse regions are located in developing countries. Through the Legacy Landscapes Fund, we help to ensure lasting protection for the world's most valuable conservation areas, because protected areas in developing countries need reliable long-term financing and administration to protect the natural environment and the global climate but also to protect people's livelihoods on the ground," explained German Development Minister Svenja Schulze. 

The initiative is part of a program called "Legacy Landscapes Fund" (LLF) set up by Germany with financial support from international backers.  "The Fund targets those areas that have the greatest biodiversity but do not have enough resources to really conserve the natural environment," the release informs.  

According to African Parks, wildlife habitats such as forests, woodlands, savannahs, and wetlands are under enormous pressure from human activity. Elephants are continually poached for their ivory and rhinos for their horns. Local bushmeat consumption is also taking its toll on African wildlife. This German initiative joins several others aimed at restoring the continent’s wildlife. The said initiatives are notably the United Nations Convention to Combat Desertification (UNCCD) and SOS Africa Wildlife.

Jean-Marc Gogbeu

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Deal would cut debt, fund Congo Basin forest conservation Talks ongoing with European partners; timeline not yet set After raising $670...
MTN Nigeria, Ericsson test triple-band MIMO, boost 4G speeds Trial shows 3.2x download, 4x upload speed improvement Technology streamlines 4G, readies...
The issuance confirms the renewed attractiveness of Abuja's economy to investors, despite geopolitical tensions and the naira's volatility. This market...
Afreximbank urges stronger trade finance to boost Africa's growth Intra-African trade hit $208B in 2024, but gaps persist Seminar in Abidjan...
Most Read
01

The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...

World Bank sees precious metal prices staying high until 2027
02

Tunisia to launch first fully digital hospital as part of health reform. Project includes AI diag...

Tunisia to Build First Fully Digital Hospital in National Health Overhaul
03

Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...

UAE faces backlash over alleged role in Sudan’s gold and arms trade
04

Lukoil to sell all international assets to Gunvor amid U.S. sanctions Sale includes key oil stake...

Lukoil Agrees to Sell International Assets, African Included, to Swiss Commodities Trader Gunvor
05

With COP30 approaching, the International Renewable Energy Agency is calling for a global goal: to q...

With Costs High, IRENA Urges Global Pact to Quadruple Sustainable Fuel Production
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.