The Sustainable Markets Initiative (SMI) Africa Council launched the ‘Natural Capital on African Governments’ Balance Sheets’ initiative at COP16, aiming to align natural capital with national economic frameworks and accelerate the African Union’s climate goals. This groundbreaking effort revalues Africa’s GDP by integrating ecosystem services into national accounts, positioning natural resources as a strategic asset for sustainable economic growth. The initiative seeks to overcome investment barriers, attract private sector investments, and create market mechanisms to scale natural capital asset classes globally, transforming Africa’s natural wealth into a core component of national economic planning.
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