The Zambian government has commissioned the economic climate change impact study that will ascertain the economic costs of climate change on the country.
The findings of this study are expected to help government in planning ahead to reduce the impact of climate change on the nation’s economy in a bid to ensure that economic development is not compromised.
The main objective of this study is to quantify the socio-economic impacts of climate change in Zambia so as to enable the country prioritize and devise strategies for sustainable socio-economic development.
Deputy Minister in the Ministry of Tourism, Environment and Natural Resources Todd Chilembo says Zambia has not been spared from the adverse effects of climate change as evidenced by the floods that caused widespread damage to crops and infrastructure while leaving hundreds of people displaced.
Mr. Chilembo was speaking in Lusaka today at the official inception of the economic impact of climate change study which has attracted experts and resources persons from the Ministry of Tourism, Environment and Natural Resources, UNZA School of Natural Sciences, UNDP and other key cooperating stakeholders.
Mr. Chilembo said it is imperative that Zambia prepares through the setting up of National Adaptation Programme of Action (NAPA) that provides a road map on how the country can reduce the impacts of climate change on vulnerable sectors and recommends interventions measures that need to be undertaken by relevant implementers.
He pointed out that to show commitment, Zambia is both a member of the Convention of Climate Change as well as the Kyoto Protocol which allows industrialized countries with Green House Gas (GHG) to invest in emission reducing projects in Developing Countries including Zambia.
The Deputy Minister commended the United Nations Development Programme (UNDP) for financing the Study and its continued support rendered to Zambia in areas of environment, health and governance.
Today’s study seeks to make recommendation to the Zambian government on how Zambia can make economic investment to lessen the impact of climate change and identify significant potential to attract ‘green’ investments in the country.