Zambia looks to Climate Investment Fund for renewable energy aid

Zambia is seeking support from the Climate Investment Fund (CIF) for the development of renewable energies in the country. Minister of National Development Planning, Alexander Chiteme, on the tenth anniversary of the establishment of the fund, said the development of this type of energy is part of national efforts to combat global warming.

Zambia has also put in place a forest protection program. “However, we still need more financial support to update investment plans in this sector,” said the Minister and is looking for help from the CIF to finance its renewable energy ambitions

The official also said that it is important for his country to update its goals set in the Seventh Development Plan and its vision for 2030, which is to provide all its citizens with clean and sustainable energy.

Source: AE Africa



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