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Sahel Region: the African Development Bank commits $6.5 billion to the Great Green Wall Initiative

The plan for the Great Green Wall is to plant a mosaic of trees, grasslands, vegetation and plants over 8,000 kilometers long and 15 kilometers wide across the Sahara and Sahel. Other commitments made during the forum included $1.2 billion (€1 billion) from the European Investment Bank and $730 million (€600 million) from the French Development Agency (AFD).

Suzanne Mitchell

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The Great Green Wall in the Sahel region received major support from the African Development Bank on Monday, January 11th, which pledged, at a forum co-chaired by French President Emmanuel Macron and His Royal Highness the Prince of Wales, to help mobilize up to $6.5 billion over five years to advance this historic initiative.

These resources will be used to implement a series of programs in support of the Great Green Wall, drawing on internal and external funding sources, including the Sustainable Energy Fund for Africa (SEFA), the Green Climate Fund (GCCF), and the Global Environment Facility (GEF).

Find more details about the Great Green Wall initiative and read the latest economic news from around the world with the Born2Invest mobile app.

Africa’s current desert landscape to be restored 

Multilateral development partners have joined the Bank to help mobilize funding for this African-led initiative, which aims to restore Africa’s current desert landscapes, ensuring food security, creating jobs, and retaining millions of Africans from Senegal to Djibouti in the Sahel region. The forum was held on the sidelines of the One Planet Summit.

“At a time when we are recovering from coronavirus and its impact on our world, we must readjust our growth model. We must prioritize growth that protects the environment and biodiversity, and stop focusing on growth that compromises our common good,” said Bank President Akinwumi A. Adesina.

Speaking via video conference from Abidjan, Adesina warned participants: “The Great Green Wall is part of Africa’s environmental defense system – a shield against the onslaught of desertification and (environmental) degradation. The future of the Sahel region in Africa depends on the Great Green Wall. Without it, the Sahel risks disappearing under the impact of climate change and desertification.”

Climate change is causing extreme temperatures, fluctuating rainfall and drought in the Sahel, a region where 250 million people in ten countries live, whose livelihoods and hard-won development gains are threatened.

The plan for the Great Green Wall is to plant a mosaic of trees, grasslands, vegetation and plants 8,000 kilometers long and 15 kilometers wide across the Sahara and Sahel to restore degraded lands and help people in the region produce adequate food, create jobs and promote peace.

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“The Great Green Wall is a wall worth building. A wall that brings people together, not a wall that separates them. A wall that shelters, not a wall that isolates. A wall that protects our collective existence. A wall for the environment – a wall for the planet,” argued Adesina.

Lack of funding has been the project’s main constraint in achieving its goal of creating ten million jobs, sequestering 250 million tons of carbon and restoring 100 million hectares of degraded land in the eleven countries of the Sahelo-Saharan region.

The Bank has made the Sahel region a top priority for investment and mobilization of new sources of financing to advance Africa’s climate opportunities. This is the case of the “Desert to Power” program to create the world’s largest solar energy zone.

The program will provide electricity to 250 million people in eleven Sahelian countries and help protect the Great Green Wall. Over the next five years, Desert to Power will work to mobilize up to $2 billion for targeted projects under the Great Green Wall initiative.

The lack of resources to adapt the region’s economies to the consequences of climate change is also one of the main development challenges in the Sahel. The Global Center on Adaptation (GCA), hosted by the African Development Bank, specifically aims to mobilize resources and find solutions that will boost Africa’s progress in adapting to climate change.

“The creation of GCA Africa marks a crucial step in our attempt to accelerate and strengthen our efforts to address the triple challenge of biodiversity loss, land degradation and climate change adaptation on the continent. We will develop and implement joint programs that will mobilize large-scale resources in support of the Great Green Wall,” said Kevin Kariuki, African Development Bank Vice President in charge of Energy, Climate Change and Green Growth.

The Technology for Agricultural Transformation in Africa (TAAT) program is another key initiative of the Bank to transform the Sahel into a land of opportunity and inclusive green growth. Its goal is to increase food production in Africa by 100 million tons and lift 40 million people out of poverty by 2025 by harnessing proven high-impact technologies to increase productivity, mitigate risk and promote diversification and transformation. For example, TAAT has enabled Sudanese farmers to have access to drought-resistant maize.

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In a solemn declaration, French President Emmanuel Macron named President Akinwumi A. Adesina as Champion of the Great Green Wall. Adesina was recognized for his personal commitment to the fight against climate change in Africa. This distinction will enable the Bank President to play an important role in mobilizing political and economic support for the initiative.

Other commitments made during the forum included $1.2 billion (€1 billion) from the European Investment Bank for new financial and technical support for sustainable agriculture, clean energy financing, water, infrastructure and the private sector in 11 Sahelian countries, and $730 million (€600 million) from the French Development Agency (AFD).

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(Featured image by Picography via Pixabay)

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First published in lefaso.net, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Suzanne Mitchell juggles the busy life of a full-time mom and entrepreneur while also being a writer-at-large for several business publications. Her work mostly covers the financial sector, including traditional and alternative investing. She shares reports and analyses on the real estate, fintech and cryptocurrency markets. She also likes to write about the health and biotech industry, in particular its intersection with clean water and cannabis. It is one of her goals to always share things of interest to women who want to make their mark in the world.