Under the AFR100 Initiative, World Resources Institute (WRI) invites enterprises to apply for funding to plant trees in rural and urban landscapes in Africa. The initiative aims to restore 100 million hectares of degraded land by 2030 and will support hundreds of local innovators pioneering projects and business models that show that restoration can create Africa’s prosperous, net-zero-emissions future. Both grant and low-interest debt financing is available, including grant funding for nonprofits and local community organizations and low-interest loans to private enterprises with three to ten year terms.

Applicants will undergo a two-stage online application process using TerraMatch online portal. WRI will then announce the initial cohort of the top 100 during the UN climate change conference (COP26) in November 2021. Selected projects and businesses will start receiving funds to plant and grow trees in early 2022.

 

To be eligible for the funding, applicants must fulfil the following criteria:

  • Be legally registered in one of the 31 AFR100 member countries listed here
  • Early-stage companies and projects seeking UGX 175 million – UGX 525 million must show the capacity to run successful projects
  • Growth-stage applicants seeking UGX 876 million – UGX 1.75 billion must have a strong track record of growing trees at scale
  • Have the ability to monitor and report their impact to funders
  • Be able to receive international bank transfers

 

How to apply

Interested enterprises can apply by filling in this form.

Application guidelines are available  here.

Submission deadline: 23rd September 2021

For more information: visit https://www.africa.terramatch.org/.