Climate Asset Management continues to scale up its nature restoration projects in East Africa.
In partnership with the Global Evergreening Alliance, it has launched projects which aim to restore around 1 million hectares of degraded land across Kenya, Uganda, and Malawi. This makes the Restore Africa Programme one of the largest nature restoration projects in the region.
CAM has recovered over a million hectares of degraded pasture-land to date in Kenya, through the implementation of community-led rotational grazing interventions.
Its investments in East Africa have a particular emphasis on community livelihood protection, including reducing nature risks and building climate risk resilience in agricultural communities. Shared carbon revenues have also allowed CAM to provide education bursaries and secure land tenure on community lands for local tribes.
Originally a joint venture between HSBC and Pollination, Climate Asset Management has raised over $1 billion, with successful closures of its Natural Capital Fund and Nature Based Capital Fund late last year.
More than half of the capital raised will go towards nature-based carbon projects, with a significant portion of this going towards restoring more than two million hectares of degraded landscapes in Africa.
One Sustainable Investment Awards judge particularly noted CAM's strength in transparently measuring impact and its alignment with recognised frameworks.