Expanding the eco.business Fund to Africa
Background
Forest and Landscape Restoration (FLR) offers a unique opportunity to mitigate climate change while achieving many of the Sustainable Development Goals (SDGs) by restoring degraded landscapes. In order to realize this potential, significant private involvement is needed to invest in landscape restoration. With this in mind, Finance in Motion (FiM) has expanded the activities of its eco.business Fund to Africa and focus on investments in FLR. After having completed a market study for FiM, UNIQUE was selected to identify possible environmental and social risks associated with investing in land use sectors in Kenya, Uganda, and Rwanda. This risk assessment will enable FiM to lend for FLR activities while avoiding any negative impacts.
Our contribution
- Identify key sectors for FiM activities in Kenya, Uganda, and Rwanda.
- Complete a GIS analysis of deforestation risks associated with selected commodities.
- Conduct interviews with private and public sector experts to understand investment risks.
- Synthesize key risks to FLR lending, and develop recommendations to avoid these risks.
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