There is a business case for restoring land: Developing sustainable food and land use business models overall could be worth up to US$2.3 trillion and provide over 70 million jobs globally by 2030.
Restoration businesses are proving that restoring degraded forests and farmland is both good for the planet and profitable. But they face limited access to technical knowledge and capital.
In response, the World Resources Institute (WRI) and Fledge — through AFR100 and with the support of Germany’s Federal Ministry for Economic Cooperation and Development (BMZ) and DOEN Foundation — created the Land Accelerator. This is the first accelerator aimed at fostering entrepreneurship in restoring degraded land to cost-effectively tackle climate change and drive sustainable economic growth.
14 African entrepreneurs representing 8 countries (Ethiopia, Ghana, Kenya, Niger, Rwanda, South Africa, Uganda, and Zimbabwe) have taken part in an intensive 6-day workshop. Today, they are presenting their businesses to investors and financiers: