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GREEN ECONOMY SECTOR TO EARN ZAMBIA US$4 TRILLION-SINKAMBA


By PETER SICHALI
ZAMBIA stands to benefit from the US$4 trillion green economy sector, Green Party President Peter Sinkamba has said.
And Care for Nature Executive Director Kearn Nsama said there was need to depoliticise environment matters.
Mr Sinkamba said the green economy is currently worth about US$4 trillion actualised through green bond investments in clean energy, energy efficiency, water, waste and pollution services.
Mr Sinkamba said the Green Party has already structured green bond investments proposals worth US$1 billion.
“We discussed with relevant government agencies before the elections, and were very intrigued with the innovation. We agreed to take up the implementation post elections,” he said.
He said with the creation of the Green Economy Ministry, the sector would be easily coordinated and actualised.
“We should be able to hit the ground running once Parliament approves the ministry in the next 30 days,” he said.
Ms Nsama said with the coming of the Green Economy and Environment ministry it is expected that communities become more aware of climate financing and how they can benefit forest conservation.
“We expect communities to become more aware on climate financing and how they can benefit from forests conservation,” Ms Nsama said.
She said the information should be depoliticised and moved from being stagnant at the top level to reach communities because they are the ones expected to care for forests.
“As it is climate funds are also very difficult to access because of technicality so we expect all these things to be taken care of so it reaches the ordinary Zambians,” Ms Nsama said.

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