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CLIMATIC SHOCKS NEED STEADY FINANCIAL INFLOWS – MSIMUKO

By Scoop reporter

PERMANENT Secretary in the Ministry of Green Economy and Environment John Msimuko has called for timely and predictable financial flows to Zambia and other African countries to enable the attainment of Nationally Determined Contributions (NDCs).

Speaking at the ongoing Africa Knowledge Exchange event hosted by the Climate Investment Funds (CIF) in Abidjan, Mr Msimuko called for more and predictable climate financing from the developed world and multilateral climate financing institutions such as CIF and AfDB to address the vulnerability among African economies to climatic shocks.

The Permanent Secretary highlighted the negative impacts of climate shocks on Zambia’s development goals and Government’s efforts to address the challenge.

“We have enshrined our climate response into high level national documents such as the National Policy on Climate Change and the Eighth National Development Plan which has a dedicated development pillar focusing on Environmental Sustainability’, he said.

Mr.  Msimuko informed the meeting that in addition to these high-level policy documents, a National Green Growth Strategy was being developed to steer the country to a fully-fledged low carbon and socially inclusive green economy within the next few years.

Zambia is the leading beneficiary in the CIF’s recently launched Nature, People and Climate (NPC) programme through a country specific award and a regional project which includes Malawi, Mozambique, Namibia, and Tanzania.

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