Zambia plans to establish climate financing vehicle


  • World
  • Monday, 14 Nov 2022

LUSAKA, Nov. 13 (Xinhua) -- Zambia plans to establish a robust national climate financing vehicle aimed at supporting the process of institutionalizing a climate resilient economy, a government official said on Saturday.

John Msimuko, the Ministry of Green Economy and Environment Permanent Secretary said the climate financing vehicle will be operated as a climate fund and would play a catalytic role to both public and private sectors in structuring innovative climate financing mechanisms.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In World

Italy to hold referendum on judicial reform on March 22-23
Nigeria reopens some schools in the north, defying threats of kidnap
Civilian casualties in Ukraine up sharply in 2025, UN monitor says
German military rocked by abuse reports as recruitment drive starts
Russia says it hit an aircraft repair plant in Ukraine with last week's Oreshnik strike
Who is Zbigniew Ziobro, Poland's ex-justice minister given asylum by Hungary?
Sweden to spend $440 million on unmanned military drone systems
Mexico's Sheinbaum says US military intervention ruled out after talks with Trump
Germany's Klingbeil, on Powell probe, says central bank independence is 'clear line'
Cuba's Diaz-Canel says there are no current talks with US government

Others Also Read