AfricaBreaking NewsBusinessClimate Change/ESGEnergy

Rising Costs and Climate Change Amplify Economic Strain in Zambia

The link between climate change and the rising cost of living in Zambia is becoming increasingly evident as the nation endures the harsh effects of prolonged droughts. 

This environmental crisis has exacerbated existing inequalities and driven up the cost of essential goods. 

The Jesuit Centre for Theological Reflection (JCTR) reports that the Basic Needs and Nutrition Basket (BNNB) has risen to K10,701.13 in May 2024, marking a K352.87 increase from April. 

The significant hike in charcoal prices, now at K458.33 for a 90kg bag, and tomatoes, which have surged to K29.99 per kg, are key contributors. 

The charcoal price spike stems from a recent ban on production in Shibuyungi, Itezhi-Tezhi, and Mumbwa, coupled with higher fuel costs and extended load shedding, driving demand despite cheaper alternatives like gas and solar being economically out of reach for many. 

Pope Francis’ encyclical, Laudato Si’, underscores the interconnectedness of social and environmental issues, highlighting the tension between necessary environmental measures and economic survival. 

To address these challenges, JCTR recommends expanding access to sustainable energy alternatives, implementing climate-resilient agricultural practices, supporting alternative livelihoods, and enforcing comprehensive environmental policies. 

As the poor and marginalized communities bear the brunt of these changes, it is crucial to balance immediate needs with long-term sustainability, fostering an inclusive and equitable approach to ensure both people and the planet can thrive

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