Africa Green Fund

What is the Africa Green Fund

 

Initiated by Environment Africa, the Africa Green Fund is a social and environmental welfare fund established to enable and secure transparent financial funding of environmental and development projects within Southern Africa.  The fund is independently audited.

Our goal is to deal effectively with environmental challenges and to continue to develop  and support strategies and projects to minimize economic impact on the environment in the area.

What is a Green Fund

A Green Fund is established within a localised region, be it a city, town, district or any agreed area by the community to raise and invest funds in projects that promote sustainable development in an environmentally progressive manner.  It is fully administered by the selected community trustees under the umbrella of the Africa Green Fund which is part of Environment Africa.  A Green Fund invests in conservation and community based projects in and around the local area with the thrust being Moving from Aid to Trade.    Every Green Fund is independently audited.

Funding

Funding is sourced at both local, national and international levels. The key to all local Green Funds is to provide the necessary funding and support so as to create ownership and long term sustainability to the selected areas, communities and protect and conserve our heritage.

Access to the Green Funds

Specific criteria are in place for the allocation of income generated by the fund. Requests for monies from the fund are made through an application process, which specifies the selection criteria and clarifies the details of the project’s expected environmental and social benefits arising from its implementation.

All applications shall be considered by the local Green Fund Trustees and those that satisfy the criteria and whose objectives are measurable and accountable in terms of sustainable environmental and social benefits for the region.

‘Our environment, the world in which we live and work, is a mirror of our attitudes and expectations’