Tabu Abdallah Manirakiza, Deputy Secretary-General of ECCAS and Juliette Biao Koudenoukpo, Regional Director of the United Nations Environment Program (UNEP) for Africa signed a memorandum of understanding on 16 June in Libreville. To mobilize the resources needed to carry out feasibility studies on the green economy in Central Africa.
The memorandum is part of the implementation of the UN’s Sustainable Development Objectives (SDOs) and Agenda 2030, as well as the decisions of the Heads of State of the Economic Community of African States (ECCAS) of 25 May 2015 on the development, promotion of the green economy and management of water resources. It succeeds those already signed in 2015 with the World Wide Fund for Nature (WWF) and recently in April 2017 with the World Tourism Organization (WTO).
With this instrument, ECCAS and UNEP will set to work together for the transformation of natural capital into productive capital, in order to move from simple conservation to conservation economics. This will open the environment sector of Central Africa to the world of finance and business at a time when the price of oil is declining.