{"id":22446,"date":"2022-07-20T08:30:11","date_gmt":"2022-07-20T08:30:11","guid":{"rendered":"https:\/\/www.africa-press.net\/rwanda\/all-news\/push-for-200bn-pan-african-trust-fund-for-protected-areas"},"modified":"2022-07-20T08:36:03","modified_gmt":"2022-07-20T08:36:03","slug":"push-for-200bn-pan-african-trust-fund-for-protected-areas","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/rwanda\/economy\/push-for-200bn-pan-african-trust-fund-for-protected-areas","title":{"rendered":"Push for $200bn pan-African trust fund for protected areas"},"content":{"rendered":"

Africa-Press – Rwanda. <\/strong><\/span>Conservationists meeting in Kigali for the ongoing Africa Protected Areas Congress (APAC) have urged African governments to approve the establishment of A Pan-African Conservation Trust (A-PACT), which will help mobilise resources for the conservation of Africa\u2019s protected areas.<\/p>\n

The call to ratify A-PACT was made by Hailemariam Desalegn Boshe, the former prime minister of Ethiopia during the discussions on \u201cNeeded African-driven innovative and sustainable financing solutions.\u201d<\/p>\n

Desalegn was speaking in his capacity as chairperson of the A-PACT steering committee and also the patron of APAC.<\/p>\n

The A-PACT concept has been co-created by the Africa Protected Area Directors (APAD) in collaboration with the co-organisers of APAC; the African Wildlife Foundation (AWF) and the International Union for Conservation of Nature (IUCN).<\/p>\n

The initiative is seeking $200bn for a pan-African trust fund that would ensure sufficient and sustained financing for all of Africa\u2019s 8,500 protected and conserved areas in perpetuity.<\/p>\n

Not beggars<\/b><\/p>\n

\u201cWe should have funding but we should have a segregated way of doing it. We need to have our own pan-African conservation trust. That is what we are trying to advocate for and maybe we will be launching very soon this fund which global community can contribute to it,\u201d Desalegn said.<\/p>\n

However, he said: \u201cAfricans we should contribute first. We shouldn\u2019t be seen as beggars. We are not beggars. We should stand up and put our own resources into conservation.\u201d<\/p>\n

He noted that the African Union has already decided by its 2063 agenda clearly how to implement it.<\/p>\n

\u201cWe need to understand the current status of African protected areas properly. Most of these protected areas are degraded parks,\u201d Desalegn said.<\/p>\n

While Africa is said to have 8,500 protected areas, the former Ethiopian Prime Minister said there is need for identifying those that are in the worst state.<\/p>\n

\u201cThey are underfunded, they are undervalued,\u201d he said.<\/p>\n

He urged African finance ministers to consider protected areas in GDP as African assets.<\/p>\n

\u201cWe have huge wealth in Africa but never valued it. We have to see first the intact areas. For example, out of 8,500 protected areas, we have to see key areas for conservation and humanity and focus on community conservation areas where communities can do better than we do,\u201d he said.<\/p>\n

The Minister for Environment, Jeanne d\u2019Arc Mujawamariya said that governments should put green finance at the heart of planning.<\/p>\n

\u201cRwanda has put environment at the heart of every policy, programmes and projects. Finance ministers should sit together with ministers in charge of environment to ensure planning in finance; environment is put at the centre,\u201d she said.<\/p>\n

She made the case for finance to conserve protected areas so that tourism revenues from them benefit communities.<\/p>\n

“Rwanda allocates 10 percent of tourism revenues to support communities around the protected national parks,” she said.<\/p>\n

Financing gap<\/b><\/p>\n

\u201cAfrica spends less than 10 percent of what is needed to protect and restore nature. Now is the time to invest in the areas set aside as the backbone of natural infrastructure that underpins the aspirations we have set out in Agenda 2063,\u201d reads part of a policy brief on financing protected areas.<\/p>\n

\u201cThis is an investment we cannot afford not to make. It is central to a just transition for Africa,\u201d conservationists said.<\/p>\n

According to the trust fund co-creators, there is the opportunity to close the financing gap for biodiversity, which is estimated globally to be as much as $700 billion, or less than one percent of global GDP.<\/p>\n

Africa spends less than 10 percent of what is needed to protect and restore nature, they say.<\/p>\n

Using estimated management costs of between $380 and $1000 per km2 to effectively manage a protected area, they said, the financing required for existing African protected and conserved areas is somewhere between $2.63-6.7 billion annually.<\/p>\n

Most protected areas in Africa are managed on less than $50\/sqkm.<\/p>\n

Facing shortfalls, Protected Area managers are left without sufficient funds to pay staff and core operational costs.<\/p>\n

Source of funding<\/b><\/p>\n

A Pan-African Conservation Trust (A-PACT) would address this gap in Africa through a private, legally independent sustainable financing mechanism for Africa\u2019s protected and conserved areas supported by an aligned African leadership and financed through global resource mobilization for \u2018green growth\u2019 Covid-19 recovery, among other sources, explains the concept.<\/p>\n

For More News And Analysis About Rwanda<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Rwanda. Conservationists meeting in Kigali for the ongoing Africa Protected Areas Congress (APAC) have urged African governments to approve the establishment of A Pan-African Conservation Trust (A-PACT), which will help mobilise resources for the conservation of Africa\u2019s protected areas. The call to ratify A-PACT was made by Hailemariam Desalegn Boshe, the former prime […]<\/p>\n","protected":false},"author":84,"featured_media":22445,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,28],"tags":[760,763,758],"class_list":["post-22446","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","tag-africa-press","tag-africa-press-rwanda","tag-rwanda"],"yoast_head":"\nPush for $200bn pan-African trust fund for protected areas - Rwanda<\/title>\n<meta name=\"description\" content=\"Conservationists meeting in Kigali for the ongoing Africa Protected Areas Congress (APAC) have urged African governments ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/rwanda\/economy\/push-for-200bn-pan-african-trust-fund-for-protected-areas\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Push for $200bn pan-African trust fund for protected areas\" \/>\n<meta property=\"og:description\" content=\"Conservationists meeting in Kigali for the ongoing Africa Protected Areas Congress (APAC) have urged African governments ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/rwanda\/economy\/push-for-200bn-pan-african-trust-fund-for-protected-areas\" \/>\n<meta property=\"og:site_name\" content=\"Rwanda\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-20T08:30:11+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-20T08:36:03+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2022\/07\/postQueueImg_4-62d7be5f6b306.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1556\" \/>\n\t<meta property=\"og:image:height\" content=\"1037\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/push-for-200bn-pan-african-trust-fund-for-protected-areas#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/push-for-200bn-pan-african-trust-fund-for-protected-areas\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Push for $200bn pan-African trust fund for protected areas\",\"datePublished\":\"2022-07-20T08:30:11+00:00\",\"dateModified\":\"2022-07-20T08:36:03+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/push-for-200bn-pan-african-trust-fund-for-protected-areas\"},\"wordCount\":718,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/push-for-200bn-pan-african-trust-fund-for-protected-areas#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/rwanda\/sites\/23\/2022\/07\/postQueueImg_4-62d7be5f6b306.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Rwanda\",\"Rwanda\"],\"articleSection\":[\"all news\",\"Economy\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/rwanda\/economy\/push-for-200bn-pan-african-trust-fund-for-protected-areas#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/push-for-200bn-pan-african-trust-fund-for-protected-areas\",\"url\":\"https:\/\/www.africa-press.net\/rwanda\/economy\/push-for-200bn-pan-african-trust-fund-for-protected-areas\",\"name\":\"Push for $200bn pan-African trust fund for protected areas - 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