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2 clusters · 5 sources · 12 days · First seen · Last updated
Liberia climate finance and natural asset management
Overview
Liberia is pursuing multiple strategies to secure climate finance and manage environmental challenges such as flooding and coastal erosion. Initially, the government focused on seeking accreditation for direct access to the Green Climate Fund. This effort aims to empower the Ministry of Finance and Development Planning to manage project financing and secure capacity-building support.
Following these efforts, Liberia expanded its approach by launching a plan to monetize its natural assets, including forests, mangroves, and coastlines, through carbon markets. The Liberia Carbon Markets Authority has worked to establish digital infrastructure and regulatory frameworks to integrate the nation’s green and blue assets into a natural capital system. This strategy seeks to attract high-integrity investment to compensate local communities for environmental protection.
Entities
Environmental Protection Agency · Ministry of Finance and Development Planning · Jeanine M. Cooper · Liberia · United Nations Development Programme
Timeline
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[BUSINESS] 4 sourcesLiberia launches plan to monetize natural assets through carbon markets
Liberia is launching a national carbon market strategy to turn its forests, mangroves, and coastlines into high-integrity climate finance sources to support local communities and environmental protection.
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[INTERNATIONAL] 3 sourcesLiberia seeks direct access to Green Climate Fund
Liberia is seeking direct access to the Green Climate Fund to empower its Ministry of Finance to manage climate projects and secure capacity-building funds to combat environmental threats to its economy.
Sources
frontpageafricaonline.com · gnnliberia.com · liberianewsnetwork.com · liberianinvestigator.com · newspublictrust.com