FSD Africa, through the Carbon Accelerator Programme for the Environment (CAPE), has announced the first cohort of projects to receive support in advancing community-led ecosystem restoration through nature-based carbon initiatives.
Chosen from over 100 applicants across 28 African nations, the four projects span Kenya, Nigeria, Tanzania and Zambia, and together cover more than one million hectares of land. They include forest regeneration in Nigeria’s Gashaka Gumti National Park, community-led restoration in Tanzania’s Rubeho Mountains, rangeland rehabilitation in Zambia’s Barotseland, and mangrove restoration in southeastern Kenya’s Papariko Mangroves.
Launched in November 2024 by FSD Africa, in partnership with the African Natural Capital Alliance (ANCA) and Finance Earth, CAPE was designed to address the shortage of early-stage funding for nature-based carbon projects in Africa. By offering recoverable grants and tailored transaction advisory support, CAPE helps projects move from concept to investment readiness.
With Africa’s GDP heavily dependent on natural capital, these projects demonstrate how nature can serve as both a climate solution and an economic asset.
As Reshma Shah, Carbon Markets Lead at FSD Africa, noted:
These projects go beyond generating carbon credits—they are blueprints for redefining how the world invests in and values nature.
You can access the full press release here.