The World Bank is working on a pilot programme to strengthen Zambia’s climate change resilience with a net commitment of US$110 million earmarked for the project.
The bank will provide US$60 million as a concessional loan and US$50 million as a grant to support Zambia’s climate change programme.
World Bank country director for Zambia, Malawi and Zimbabwe Kundhavi Kadiresan said this in Lusaka on September 14 when she addressed the media on the International Monetary Fund and World Bank Group annual meetings to take place in Washington DC under the theme Job, Gender and Climate Change.