With the Biodiversity Finance Accelerator (BioFA), adelphi research supports green MSMEs in Malawi and Zambia by providing training, finance, and networking opportunities. Key initiatives include grants for innovative projects, enhancing biodiversity conservation and community empowerment.
How often do you think of a great business idea that would positively impact our planet, but you lack the funds and other forms of support to see it through? The right training and investment to establish a robust business model are key to helping small and medium-sized enterprises become successful.
In the face of declining biodiversity, owners of small and medium businesses can be the changemakers we need. This applies to micro, small, and medium-sized enterprises (MSMEs) in Malawi and Zambia as well, two countries with biodiversity increasingly threatened by agricultural and settlement expansion. Market-based solutions developed by green MSMEs have enormous potential to contribute to biodiversity conservation due to their high level of innovation. However, both countries currently lack bankable business models and tailor-made instruments to operationalise biodiversity finance.
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Supporting Entrepreneurs with the Biodiversity Finance Accelerator
This is where the Biodiversity Finance Accelerator (BioFA) comes in. In this project, the Green Entrepreneurship team at adelphi research helps people in Malawi and Zambia access finance so that their businesses can scale up. The team conducted a small awards cycle and selected 20 out of 50 BioFA Replicator participants (ten in each country), awarding them each €500 to launch their biodiversity-positive business ideas and create businesses. With this, adelphi research is showcasing aspiring entrepreneurs and supporting them in developing their ideas and enterprises.
What’s more, the team facilitated Replicator workshops in both countries in November 2023, where the participants developed their ideas into business proposals and were linked to entrepreneurs who had already participated in the BioFA Accelerator, the so-called BioFA Accelerator Alumni. The goal was to network and have the Accelerator participants present the best practices from their enterprises, which could then be replicated by BioFA Replicator participants – hence the name Replicator.
Additionally, the Green Entrepreneurship team held a Biodiversity Breakfast in November to invite ecosystem actors, such as representatives from financial and political institutions, to provide feedback on their ideas and explore possible cross-sectoral cooperation to raise awareness among various stakeholders of market-based approaches to biodiversity conservation.
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Scaling up market-based approaches to biodiversity conservation in Malawi and Zambia
Innovative Solutions from Entrepreneurs in Malawi and Zambia
These are some of the Replicator Grant winners in Malawi and Zambia:
In Malawi, Emmtech Enterprise addresses challenges faced by smallholder and medium farmers and marginalised communities by recycling plastic waste into beehives, solar irrigation pumps, bricks, and organic fertiliser. They establish a network for waste collection and collaborate with local entities to streamline the process. Utilising advanced recycling technologies, they convert plastic waste into high-quality construction materials and fertilisers, constantly innovating to enhance product quality. Emmtech also focuses on sustainable distribution, partnering with local construction firms to integrate their materials into mainstream projects. Community engagement is central, with educational programmes promoting environmental responsibility and waste management, thereby reducing plastic pollution and chemical use in farming.
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The Honey Guy is a social enterprise dedicated to upscaling commercial beekeeping among forest communities in Zomba, Malawi. Zomba, known for its rich biodiversity, faces significant threats from deforestation driven by overpopulation and poverty. To combat these challenges, The Honey Guy provides households with beekeeping training and start-up kits on a loan basis, repaid with honey. This initiative generates income for local communities, aids in forest conservation, and helps meet the national honey demand, reducing reliance on imports. By promoting forest restoration, The Honey Guy enhances biodiversity and ecosystem health while economically boosting local income and employment opportunities.
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In Zambia, Zamtree Agroforestry Limited addresses the country’s environmental, social, and biodiversity challenges. They implement a vertically integrated reforestation model that supplies high-quality seedlings, utilises drone technology for efficient planting, and partners with carbon finance institutions. By engaging local communities through educational programmes and fostering regulatory partnerships, Zamtree aims to combat deforestation, land degradation, and climate change vulnerability. This holistic approach enhances biodiversity, empowers communities, creates jobs, and promotes sustainable land management. Through their initiatives, Zamtree contributes to the preservation and health of Zambia's ecosystems.
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The Neka Farming Initiative introduces a comprehensive solution to urban gardening challenges through the Sustainable Urban Gardening Platform, known as the Neka Gardening Application. This initiative aims to empower urban residents with the resources, knowledge, and tools needed to cultivate sustainable gardens in limited spaces. Through digital technology, Neka Gardening provides a user-friendly hub for sharing gardening insights, accessing local resources, and fostering community engagement. By promoting self-sufficiency in fresh produce, environmental consciousness, and community bonds, the Neka Farming Initiative seeks to revolutionise urban gardening practices.
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Improved entrepreneurial capacities increase the performance potential of biodiversity MSMEs in both countries and create models that can be replicated in other regions. In this way, they actively contribute to species conservation, and not only have an impact on biodiversity, but they also contribute to empowering their local communities.