At the recent launch of the 2024 Living Planet Report by the World Wide Fund for Nature (WWF) and the Zoological Society of London, aBi Finance reaffirmed its commitment to wildlife conservation and sustainable development. Speaking at the event, Mona Muguma Ssebuliba, CEO of aBi Finance, emphasised the private sector’s essential role in supporting conservation initiatives, sharing that “Partnerships are essential to successful conservation efforts. By working together, we can make significant progress toward fulfilling our commitments as the private sector to mitigate the negative impacts of human-wildlife conflicts caused by misaligned conservation initiatives.”

The Living Planet Report, WWF’s biennial flagship publication, provides a thorough analysis of global biodiversity trends and highlights urgent conservation needs. Findings from the 2024 report reveal a concerning decline in wildlife populations, with an average decrease of 73% in monitored wildlife populations from 1970 to 2020, as indicated by the Living Planet Index (LPI). These figures underscore the immense pressures on wildlife and natural ecosystems, prompting an urgent call for action across sectors.

aBi Finance, as a private-sector leader in sustainable agribusiness, recognises the need to balance human development with conservation efforts. Through partnerships and investment in sustainable agriculture, aBi is working to reduce human-wildlife conflicts, promote green growth, and support biodiversity. The organisation’s approach aligns with the goals of the Living Planet Report, which calls for comprehensive efforts to secure a sustainable future for people and the planet.

By fostering strong partnerships with conservation organizations and leveraging private-sector support, aBi Finance is positioned to make a meaningful impact on biodiversity conservation in Uganda and beyond. The organisation’s commitment to investing in solutions that allow for the coexistence of humans and wildlife serves as a powerful example of how business and conservation can work in harmony.