Biz-Community (Cape Town)

22 June 2012

Africa: Rio+20 - AfDB and WWF Rally Leaders to Invest in Africa's Natural Capital

The African Development Bank (AfDB) (http://www.afdb.org) and the World Wide Fund for Nature (WWF) have released a joint report on the state of environment in Africa, and are calling world leaders to invest in Africa's natural capital. The report is intended to catalyze decision-makers to invest in Africa's sustainable development and is being presented at Rio+20, at an event organised by the AfDB and WWF and hosted by the Senegalese government.

As leaders gathered in Brazil this week, WWF and AfDB are encouraging leaders in both the public and private sectors to invest in Africa's natural capital. "Africa must rally around this objective, not just because donors demand it, but because it's our responsibility to protect our ecosystems," says the report.

AfDB president, Donald Kaberuka commented: "We must strengthen cooperation between leaders, across continents, who share a common interest in fostering economic transformation. Let's make it a reality, together."

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