Minister of Green Economy and Environment, Hon. Collins Nzovu, has called for strengthened global partnerships and renewed commitment to accelerate climate finance access.
Mr. Nzovu made the clarion call when he delivered country perspective remarks during the Commonwealth-organised side-event, dubbed “Accelerating Climate Finance Access for Nature-based Solutions in Supporting Climate, Land and Biodiversity Targets” at the on-going COP26 Conference in Glasgow, Scotland.
“For us, accelerating financing efforts on climate, land and biodiversity is critical to ensure we achieve our aspirations of achieving a green economy,” Mr. Nzovu said. “It is our shared hope that through this exchange, we will strengthen our partnerships and realise a renewed commitment by the Commonwealth Secretariat, and the three Rio Conventions: United Nations Convention to Combat Desertification (UNCCD), Convention on Biological Diversity (UNCBD), United Nations Framework Convention on Climate Change (UNFCCC), to continue working collectively in supporting our countries in addressing land degradation issues.”
The Minister informed the delegates from across the world that Zambia has set ambitious targets on climate change.
He said the country recently revised and updated its Nationally Determined Contribution (NDC).
The NDC embody efforts by each country, which is a State Party to the Paris Agreement, to reduce national emissions and adapt to the impacts of climate change.
On biodiversity, Mr. Nzovu said Zambia subscribes to the Aichi Targets and is actively engaged in formulating a new post-2020 Global Biodiversity Framework.
“Similarly, we are working towards achieving a no net loss on land degradation by 2030,” Mr. Nzovu informed the delegates.
“However, we are constrained to achieve most of these targets in time due to inadequate financial resources, making it difficult for us to make our fair contribution to global efforts in addressing these multiple challenges.”
Other participants at the side-event were the Minister of Environment Forestry and Tourism of Namibia; the Minister of Finance, Economic Planning and Trade of Seychelles and the Minister for Climate Change and Special Assistant to the Prime Minister of Pakistan.