African Natural Capital Alliance

In this recent Reuters article, Dorothy Maseke offers expert commentary on the alarming systemic risks that nature loss poses to the stability of #African banks. Her insights highlight the necessity of integrating environmental considerations into financial planning, emphasising that this approach is not just beneficial but essential for the stability of our economies. Dorothy’s contributions underscore the importance of aligning financial sector development with environmental sustainability, a core mission of #ANCA 🔗 Full read: https://lnkd.in/dxk_iJiE #SustainableFinance #NatureLoss #FinancialSector #EnvironmentalSustainability -- Kelvin Massingham, Hosborn Wamukoya, Kaara Wainaina

Did you miss the launch of our report? The “Nature Stress Test: Assessing Exposure of Five African Banking Systems" report highlights critical insights including sectoral risks such as finance and mining, face substantial risks. For example, in cases where businesses do not substantially reduce their negative impacts on nature, profit losses in critical sectors like agriculture and mining could reach up to 50%. Financial institutions heavily invested in agriculture, mining, and food sectors may face significant risks and even solvency issues, especially in countries with specialised lenders.   So, what can be done? An orderly transition to nature-positive practices could mitigate up to 78% of exposure-weighted profit losses, leading to greater resilience across these economies.   Read the full report here: https://lnkd.in/dPDEPpKp -- McKinsey & Company, FSD Africa -- Dorothy Maseke, Hosborn Wamukoya, Kaara Wainaina #NaturalCapital #Africa #ANCA #FSDAfrica

#Africa is the continent of the future, with immense natural resources, talented and educated people, but it must wisely and sustainably exploit her wealth for both current and future generations. Did you know for instance that 65% of global arable land is in #Africa, 30% of the world’s mineral deposits are found in Africa and that Africa is home to the world’s second largest rainforest, whose living organisms comprise 25% of the global biodiversity? Here is Dorothy Maseke on why she is doing her all to promote nature and biodiversity in #Africa. -- Oliver Wyman, FSD Africa, Sandra Villars, CFA, Hosborn Wamukoya, Kaara Wainaina

We are delighted to unveil alongside FSD Africa, and in partnership with McKinsey & Company, our groundbreaking report, "𝐍𝐚𝐭𝐮𝐫𝐞 𝐒𝐭𝐫𝐞𝐬𝐬 𝐓𝐞𝐬𝐭: 𝐀𝐬𝐬𝐞𝐬𝐬𝐢𝐧𝐠 𝐄𝐱𝐩𝐨𝐬𝐮𝐫𝐞 𝐨𝐟 𝐅𝐢𝐯𝐞 𝐀𝐟𝐫𝐢𝐜𝐚𝐧 𝐁𝐚𝐧𝐤𝐢𝐧𝐠 𝐒𝐲𝐬𝐭𝐞𝐦𝐬." This is the #first report to analyse the implications of the Kunming-Montreal Global Biodiversity Framework (GBF) for #African economies. With 62% of Africa's GDP and 70% of sub-Saharan communities relying on #nature, the report underscores the urgent need for robust financial strategies to mitigate nature-related risks. It examines how business profits across these economies could be impacted—positively or negatively—depending on different nature transition scenarios, and then considers potential knock-on effects for the financial sector. For example, if no nature positive action is taken, #Zambia’s mining firms could see a drop of up to 32% in profits while the cumulative expected credit losses across the five countries, could increase by up to 21% by 2050. The economic impact of rising production costs and prices for agricultural goods could lead to higher food prices and inflation, especially affecting low-income communities. These findings are particularly relevant for financial regulators and private financial institutions in #Africa, whose financial systems and portfolios are likely to be exposed to similar levels of risk. Read the full report here: https://lnkd.in/dPDEPpKp #NaturalCapital #Africa #ANCA #FSDAfrica -- Kelvin Massingham, Dorothy Maseke, Hosborn Wamukoya, Kaara Wainaina

The financial sector sits at a vantage position, as allocators of capital. They are hence able to direct capital to greener and sustainable projects, while acting as a shield against destructive investments. To attract more investments in green growth and green transitions, the financial sector however needs to be more innovative in de-risking some of the inherent risks associated with nature and biodiversity investments. Here is our #ANCA Secretariat, Dorothy Maseke speaks on how the financial services sector can drive investments in nature and biodiversity. -- FSD Africa, Oliver Wyman -- Sandra Villars, CFA, Kelvin Massingham, Hosborn Wamukoya, Kaara Wainaina

Established in 2022 to champion the #African voice on the global nature agenda, #ANCA has grown to become a respected and dependable voice in convening the financial sector, science and academia to jointly confront the challenge of fast declining nature and biodiversity across the continent. How is that going and are our efforts bearing fruit? Here’s our Head of Secretariat Dorothy Maseke reflecting on the early days of #ANCA and its steady growth. -- Sandra Villars, CFA -- Oliver Wyman, FSD Africa

What is the nexus between nature and climate change and how does nature help bolster sustainability? Here is our Head of Secretariat and Nature Lead at FSD Africa, Dorothy Maseke, discussing that question and also detailing the significance of the Nature Pledge that has been taken by #ANCA members, pledging to protect Africa’s #nature and #biodiversity. -- Oliver Wyman, Sandra Villars, CFA -- Hosborn Wamukoya, Kelvin Massingham

Mark Napier's vision from the #ANCA summit remains powerful as we strive for a more sustainable & prosperous #Africa. We're working to ensure African financial markets value nature, drive investments that benefit both people and the planet. -- #NaturePositiveFinance #SustainableInvesting -- FSD Africa

"In generations to come, I am told, some of our grandchildren may never see lions....There are species that we may never get to see again, that will disappear from this world if we do not come to the table. And this is not the work of WWF alone. It's not the work of CIFOR-ICRAF, or the work of African Wildlife Foundation or conservation and scientific organisations.... No, it is each and every one of us. We all have to come to the table..... and ANCA provides this collaborative platform." Our Head of Secretariat Dorothy Maseke during the recent #ANCA2024 Summit in Nairobi. Dorothy Maseke Hosborn Wamukoya Equity Bank Limited Arthur Oginga ICEA LION Group Allan Musumba Frederick Kumah Dr. Olufunso Somorin Mark Napier Elizabeth Mrema

The Africa Natural Capital Alliance Summit #ANCASummit2024 was a meeting like no other. It brought under one roof our members from the financial sector and key partners who are working hard on preserving and restoring Africa’s #nature for posterity. As United Nations Assistant Secretary General and UN Environment Programme Executive Director Elizabeth Mrema pointed out the task is huge but doable if we work together. Equity Bank Limited CEO James Mwangi inspired us all to think on what we would want to be remembered for on matters nature. Dr. Olufunso Somorin Regional Principal Officer African Development Bank underlined the huge immesurable benefits of nature. FSD Africa CEO Mark Napier rooted for African Natural Capital Alliance recognizing its great contribution in protecting Africa's nature. CEO ICEA LION Group Philip Lopokoiyit as you observed the financial sector sits at a vantage position in driving sustainability. Frederick Kumah Vice President African Wildlife Foundation stressed that going forward we must evaluate every project through nature’s lens. Dr Mohamed Mohieldin underlined the need to break the silos and have all actors speak in one voice. United Nations Economic Commission for Africa Executive Secretary Antonio Pedro reflected on Africa’s abundant resources which used well will drive inclusive growth and shared prosperity Eliane Ubalijoro CEO CIFOR-ICRAF we couldn’t agree more, we have a lifetime’s opportunity to reverse nature’s degradation. Hosborn Wamukoya Dorothy Maseke Kelvin Massingham