Thursday, February 25African Business News
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‘Robust economy, financial system critical to reversing nature’s depletion

‘Robust economy, financial system critical to reversing nature’s depletion

Economy
To achieve the global nature conservation and biodiversity across African countries, Africa Executive Director for Wide World Fund for Nature (WWF), Alice Ruhweza has said the transformation of the world’s economic and financial systems remains critical to reversing nature’s depletion and achieving SDGs.  Ruhweza also said the continent must strengthen international mechanisms including engagement of local communities to protect and restore nature. The recommendations are especially important for countries like Nigeria where oil exploration has made negative impact on nature. Indeed, the Nigeria’s Department of Petroleum Resources (DPR) had also estimated that about 1.89 million barrels of petroleum were spilled in the Niger Delta between 1976 and 1996 out of a total of 2....