📋 Tender Overview
The Restore Africa program aims to work with local communities and governments to improve the livelihoods, food security and adaptive capacity of smallholder farmers in Ethiopia, Kenya, Malawi, Tanzania, Uganda, and Zambia; with the initial goal of restoring more than 1.9m ha and empowering more than 1.5m households.
Climate impact: The program will directly support an estimated 9m people with more productive and reliable farming practices that are more resilient to climate change. It will also sequester an estimated 63.5m tonnes CO2e during the next 30 years, across around 1.9m ha of degraded land, representing about 5% of the cumulative AFR100 targets of participating countries
Countries: Ethiopia, Kenya, Malawi, Tanzania, Uganda and Zambia
Investment secured: $150m being financed by Climate Asset Management; implementation already commenced in Kenya, Uganda and Malawi. Return on investment will be a portion of the carbon credits issued during the first 15yrs of program, and communities will receive revenue from the sale of 50%+ of all generated credits
Project stage: Implementation
Project timelines: 2022-2027 duration of intensive implementation of program activities. 2022-2052 duration of the 30-year carbon program
