World Bank Report Urges Climate Investment to Drive Growth and Jobs in Zambia
Zambia can unlock economic growth, create jobs and reduce poverty by investing in climate resilience and adopting smart development strategies, a new report by the World Bank Group has revealed.
The Zambia Country Climate and Development Report (CCDR) finds that climate change is already affecting the country’s development, with extreme weather events such as recurrent droughts disrupting agriculture, hydropower generation and household incomes, particularly among rural and vulnerable communities.
According to the report, targeted and cost-effective investments, combined with policy reforms, can help Zambia build resilience while promoting inclusive, private sector-led growth.
“Climate risks are no longer in the distant future for Zambia—they are already shaping development outcomes today,” said Achim Fock. He added that strengthening resilience through smart investments would protect livelihoods, accelerate growth and expand employment opportunities, especially for young people.
The report also highlights the need to attract stronger private sector participation by creating a predictable policy environment, strengthening institutions and reducing climate-related risks.
It outlines four key priority areas for action, including transforming rural livelihoods through climate-smart agriculture, planning green and resilient urban development, mobilising private investment in green industries and infrastructure, and strengthening human capital through improved disaster response systems and skills development.
Dominick de Waal noted that Zambia must embrace reforms and build strong institutions to manage natural resources effectively and translate investments into improved living standards.
The CCDR forms part of the World Bank’s broader efforts to help countries integrate climate and development priorities, providing a roadmap for reducing emissions, adapting to climate risks and achieving sustainable economic growth.
Experts say the report provides a timely framework for Zambia as it seeks to balance climate action with long-term development goals.
