GOVERNMENT SEEKS ACCESS TO GLOBAL CLIMATE FINANCING AMID GROWING CHALLENGES

Finance minister Mthuli Ncube will be advocating for improved access to global climate financing, at the World Economic Forum (WEF) meeting.

 

Ncube will be leading Zimbabwe’s delegation at the WEF meeting which will run from January 20 to 24 in Davos-Klosters Switzerland under the theme “Collaboration for the Intelligent Age”.

 

Speaking in an X space the Finance Minister highlighted that climate change is a pressing issue for Zimbabwe and emphasized the urgent need to address its impacts.

 

“The other theme that we will discuss at WEF pertains to protecting the planet which is a climate change issue and it is relevant to us here in Zimbabwe as you know our rains have not been as consistent.

 

“Certainly last year we had the worst drought in 40 years, so climate change is real for us and we will be contributing here as Zimbabwe and how to reform global climate finance for the benefit of Africa and for the benefit of Zimbabwe.

 

“Climate shocks are an issue that we should be alive to as economic policymakers.

 

“The whole issue of sustainability is critical and also how we govern our carbon credits as a source of development financing is critical and Zimbabwe has a new policy in this regard.

 

“When it comes to climate financing what is available out there we want to be able to access it,” Ncube said.

 

Zimbabwe continues to grapple with the consequences of climate change, including shifting weather patterns and declining agricultural yields. *_-NewZimbabwe_*