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Malawi needs K300 billion to recover from climate change

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Nancy Tembo

President Lazarus Chakwera has said Malawi needs K300 billion to recover from the adverse effects of climate change.

Chakwera said this in Lilongwe Thursday when he opened the two-day National Green Climate Conference being held under the theme ‘Corrective Responsibility for Enhanced Climate Action in Malawi’.

The Malawi leader said climate change and the Covid pandemic had disrupted the country’s efforts to adapt and build resilience against the impacts of climate change

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“I won’t lie to you. Our path to recovery from climate change effects and the Covid pandemic is likely to be long and costly. But what we stand to gain in the end is far greater than what it will cost us to get there,” Chakwera said.

Speaking in his capacity as Southern African Development Community (Sadc) Chairperson, Chakwera announced that the country would soon be holding a Sadc Climate Change Summit that is expected to adopt issues to be presented at the Conference of Parties 26 in Glasgow, Scotland, from October this year.

United Nations (UN) Environment Programme Regional Director for Africa Juliette Biao Koudenoukpo urged Malawi to invest in climate change resilience.

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“Government should make sure that national budget allocation is in line with requirements for the climate change fight. Malawi should encourage private sector participation in the fight against climate change.

“However, gender equality is paramount in climate change management,” Koudenoukpo said.

British High Commission Charge de Affaires Fiona Ritchie and UN Resident Coordinator Maria Jose Torres said they were committed to supporting Malawi in mobilising resources for accelerating action in fighting climate change in Malawi.

Forestry and Natural Resources Minister Nancy Tembo said a recent study by the Intergovernmental Panel on Climate Change, which shows that ongoing emissions of warming gases could reach 1.5 degrees by 2030, is bad news for Malawi as the negative effects of climate change would disrupt lives of countless people.

“My ministry will work hand-in-hand with stakeholders in the fight against climate change,” Tembo said.

National Planning Commission Director General Thomas Munthali said it was every citizen’s responsibility to ensure that Malawi becomes a middle-income economy by 2030 and achieves most of the Sustainable Development Goals by 2030.

During the conference, Chakwera launched Women’s Network on Climate Change.

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