In a major boost to complete the Great Green Wall (GGW) initiative in Africa, development banks and governments pledged a fund of more than $14 billion.
French President Emmanuel Macron announced the new funds at the One Planet Summit on Monday. Donors had set a target of $10 billion for new funding, but generous pledges helped in gathering additional investment.
Covering the entire 8,000 kilometer stretch of the African continent, the GGW is being built to combat land degradation and control desertification in the region. The project completed nearly 20 percent of its work last year, creating thousands of green jobs for local communities through land restoration work.
“The mobilization of this additional funding through an innovative approach will certainly contribute to the achievement of the Great Green Wall goals, which aim by 2030, at the restoration of 100 million hectares of degraded land,” said Mohamed Cheikh…
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