Saturday, April 20, 2024

World Bank approves $32.80 million project to improve livelihoods in Zambia

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World Bank, Washington DC
World Bank, Washington DC

A $32.80 million grant has been approved by the World Bank’s Board of Executive Directors which will help improve livelihoods in the Eastern Province of Zambia.
Specifically, the grant – which was approved on Thursday 4 May – will improve the livelihoods of an estimated 214,955 people in addition to reducing deforestation and unsustainable agricultural practices in the Eastern Province of Zambia.

According to the World Bank, the key beneficiaries are people in rural communities located in the nine districts – Chipata, Lundazi, Mambwe, Petauke, Katete, Sinda, Chidazi, Vubwi, Nyimba – of the Eastern Province.

The majority of people in Eastern Province live in rural areas and their livelihoods are heavily dependent on agriculture and natural resources, which leads to unsustainable farming practices.

Ademola Braimoh, Coordinator, Climate Smart Agriculture for Africa region, said: “The project specifically targets adoption of climate-smart technologies by smallholders, increasing the productivity and climate benefits they receive from these technologies.”

The project will also support capacity-strengthening activities that will emphasise multi-sector coordination and transition to low carbon development. 

Ina Ruthenberg, World Bank Country Manager for Zambia, said: “The project will create an enabling environment for Zambia to benefit from future emissions reduction payments, through a BioCarbon Fund.”

The Zambia Integrated Forest Landscape project funds include $17 million International Development Association (IDA) credit, a Global Environment Facility (GEF) grant of $8.05 million, and a BioCarbon Fund (BioCF) grant of $7.75 million – the World Bank said.

9 COMMENTS

  1. And what criteria was used to select eastern province when the entire Zambia is in dire poverty? How many times will Lusaka times tell us about this grant. What about imf loam kikik. Mwanawasa must be turning in his grave as pf have undone all allhis his work. Lungu is a useless pillock

    • Uko!

      This entire $32.80 million will only go into the abyss of the gluttonous PF bandits pockets & nothing for the majority poor Zambians suffering absolute hunger which stands @90%.

      Just to remind those who easily get irritated by being forgetful, in the same way the Euro bond of over $700 million disappeared will be exactly this $32million will vanish like lightning strikes again, into the pockets of PF thugs. Cry beloved Zambians, more poverty, suffering & hunger is on the horizon.
      Surely Mutati & PF violent bandits of visionless Lungu are now cravingly liking their dry mouths & lips upon hearing about this kaloba~LOL.
      The Skeleton Key
      ~206~

  2. Last paragraph $17 million is credit. Another debt. LT posted and then took off because i said what i $17 million when you owe $150 Billion

  3. It looks like our auditor general has been silenced.She is failing to advise these 1mbeciles bena Foo1ish Mutati and other pf thieves…

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