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
Chari raises record $12M Series A to expand fintech services Secures central bank license to launch super-app for merchants Moroccan...
Burkina Faso orders NGOs to use state-run bank for all funds Move follows arrests, aims to tighten oversight of foreign NGOs Burkina Faso issued...
The International Finance Corporation (IFC) plans to invest up to $25 million in the African Transition Acceleration Fund (ATAF). The fund aims...
Tunisia seeks $3.7B loan from central bank in 2026 Economists warn of inflation, liquidity risks from domestic borrowing IMF talks stalled;...

Most Read
01

Côte d’Ivoire traced 40% of cocoa for 2024/25 season Most cocoa remains untracked due to info...

With 40% of Its Cocoa Traceable, Côte d’Ivoire Faces a Race to Meet New E.U. Standards
02

• World Bank raises 2025 growth forecasts for Benin, Mali, Burkina, Côte d’Ivoire• Senegal and Niger...

World Bank Revises Up 2025 Forecasts for Four WAEMU Countries, Amid Falling Inflation
03

• AfDB chief Sidi Ould Tah met BOAD president Serge Ekué in Abidjan on Aug. 30.• Talks focused on jo...

AfDB, BOAD join forces to expand financing for West Africa projects
04

Indorama to invest $210M in Senegal phosphate sector upgrade ICS to expand fertilizer, acid ...

Indorama, Petrochemicals Major, to Invest $210 Million in Senegal Fertilizer Plant
05

Africa holds 30% of key minerals for green tech. Leaders urge local processing to boost value...

African Countries Chart a New Green Industrial Path, Powered by Critical Minerals
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.