Africa Conservation and Communities Tourism Fund
The ACCT Fund invests in conservation-focused tourism operators as they recover from the Covid-19 Pandemic and begin to expand their operations and conservation impact footprint.
PRI Profile
ThirdWay Partners, an impact investment and advisory firm, collaborated with The Nature Conservancy, as Conservation Advisor, to launch the Africa Conservation and Communities Tourism (ACCT) Fund, which provides flexible and affordable financing to conservation-focused tourism operators in Sub-Saharan Africa. The ACCT Fund seeks to deliver on its core objective of safeguarding and growing the protection of critical natural landscapes, through partnering with tourism operators with a strong conservation and community development agenda. The ACCT Fund’s investments include conservation, community, environmental and social impact covenants. These covenants promote preservation of protected areas and the improvement of local livelihoods by supporting local job creation and retention and encouraging local materials sourcing.
Highlights
The ACCT Fund, through partnering with conservation tourism operators, aims to be active and contribute to 550,000 square kilometers of protected areas in Sub-Saharan Africa.
