3 April 2024 – Blantyre: Planet Earth requires approximately U S$ 950 billion annually for the restoration and protection of its imperiled ecosystems, vital for sustaining livelihoods. Yet, only an average of US $ 121 billion is allocated each year for biodiversity conservation. Closing this financi...Read more
Zambia
On 7 and 8 February 2024, BIOFIN Zambia took a decisive step with the launch of three financing solutions derived from Zambia’s Biodiversity Finance Plan. These solutions are poised to revolutionize Zambia's green finance landscape thanks to the collaborative efforts of the Green Finance Mainstreami...Read more
In a historic move that was made public today at COP28 in Dubai, the Copperbelt Energy Corporation Plc (CEC) has announced the registration of Zambia's inaugural green bond issuance. This ground-breaking US$200 million bond programme has already obtained express approval from the Securities and Exch...Read more
Earlier in 2023, the Bank of Zambia (BOZ), with technical assistance from Biodiversity Finance Initiative (BIOFIN) and the United Nations Development Programme (UNDP) Zambia Country Office undertook proactive measures to jointly develop a concept note for submission to the NDC Partnership Action Fun...Read more
In a significant stride towards fostering green finance, BIOFIN Zambia is proud to announce its recent accomplishment in mainstreaming biodiversity in Zambia's financial sector. Working closely with the Green Finance Mainstreaming Working Group, composed of financial sector regulators and government...Read more