A new report by the World Bank Group reveals that Zambia can tackle climate risks while driving inclusive, private sector–led growth through smart and cost-effective development investments. The findings emphasize that strengthening climate resilience can expand economic opportunities, create jobs, and support the country’s rapidly growing young population.
The Zambia Country Climate and Development Report (CCDR) examines the impact of climate change on the nation’s development and outlines practical strategies to promote sustainable growth, protect livelihoods, and enhance resilience in alignment with global climate goals. It highlights that extreme weather events are increasingly constraining Zambia’s progress, with recurring droughts already affecting agriculture, hydropower generation, and household incomes—especially among poor and rural communities that are most vulnerable to climate shocks.
According to Achim Fock, climate risks are no longer a future concern but are already influencing development outcomes. He noted that targeted investments and policy reforms can help Zambia build resilience, safeguard its population, accelerate economic growth, and generate employment opportunities.
The report also stresses the importance of stronger private sector engagement alongside climate and development financing. It suggests that establishing a stable policy environment, strengthening institutions, and reducing climate-related risks can unlock investment and encourage innovation.
Furthermore, the CCDR outlines a strategic pathway focused on key priority areas. These include transforming rural livelihoods through climate-smart agriculture, irrigation, and mechanization while protecting forests and leveraging climate finance; promoting green and resilient urban development by guiding expansion away from flood-prone zones and improving infrastructure; encouraging private investment in green industries, renewable energy, and resilient transport systems; and strengthening human capital through improved disaster risk management, adaptive social protection, and skills development for emerging sectors.
Dominick de Waal emphasized that Zambia’s progress will depend on its ability to implement reforms, build strong institutions, and effectively manage natural resources to attract private investment and improve living standards while reducing vulnerability to climate risks.
