A new fund is set to finance the restoration of endangered land carbon sinks while boosting food security in Kenya, Uganda, Ethiopia, Rwanda, and Burkina Faso, for the next six years.
Unveiled on the sidelines of the sixth United Nations Environment Assembly, or UNEA-6, the €20 million ($21.7 million) Right Tree, Right Place: Seed Project by the German Federal Ministry for the Environment, Nature Conservation, Nuclear Safety and Consumer Protection, or BMUV, aims to sequester carbon through mass indigenous tree planting and soil organic carbon in the five countries.
The fund is one of the latest moves Africa is making to battle greenhouse gas emissions to ensure the planet remains on the 1.5 degrees Celsius threshold, while preserving its share of the world’s biodiversity, according to Éliane Ubalijoro, the chief executive officer at the Center for International Forestry Research and World Agroforestry, or CIFOR-ICRAF.