Zambia's Process for Tracking Climate Finance and Integrating Adaptation into Planning and Budgets

Zambia's Process for Tracking Climate Finance and Integrating Adaptation into Planning and Budgets

1. ZAMBIA’S PROCESS FOR TRACKING CLIMATE
FINANCE AND INTEGRATING ADAPTATION INTO
PLANNING AND BUDGETS
Prepared by: Allan Wengo Mtonga.

2. OUTLINE
▪Introduction
▪Integration Into Planning
▪Climate Finance Tracking And Reporting
▪Climate Finance Mobilization
▪Sub-national Level -Integration Of CDF into
NAP Programs
▪Institutional Coordination

3. INTRODUCTION
•The Ministry of Finance and National Planning
(MoFNP)plays a key role in:
oStrengthening mobilisation of resources for climate
change action
oIntegrating climate adaptation into national
planning and budgeting
•Achieved through strategic frameworks, institutional
coordination, and financial tracking mechanisms

4. INTEGRATION INTO PLANNING
•8NDP planning phase has set Strategic Development Area
•Environmental Sustainability
•Implementation phase Climate change embedded in Medium-
Term Budget Plans and Annual Budgets
•Key Focus Areas:
oClimate-resilient infrastructure
oSustainable development practices
oClimate-responsive budget allocations

5. CLIMATE FINANCE TRACKING AND REPORTING
•CF integrated into respective ministerial budgets
•Classification of functions of Government COFOG, Budget
Programmes and Sub-programmes
•MRV Systemunder MGEE-ZEMA
•M&E framework monitoring progress of NDP targets
•CFBTTunder development-Will be embedded in IFMIS
oIntroducing budget codes for climate finance tracking
oPEFA Climate Responsive Public Financial Management

6. CLIMATE FINANCE MOBILIZATION
•Zambia requires US$34 billion by 2030for mitigation & adaptation
•Funding Sources:
oInternational & Domestic (Public)
oPrivate
•Financing Instruments:
oGreen Bonds & Loans
oCredit Guarantee Schemes
oDebt-for-Nature Swaps
•Green Finance Mainstreaming System(with Bank of Zambia) in
progress

7. SUB-NATIONAL LEVEL -INTEGRATION OF CDF INTO NAP PROGRAMS
•CDF as a Decentralized Funding Mechanism
•Supports local governments in implementing development programs (LDP)
•Acts as a compensation mechanismsince central government controls key revenue-
generating activities of local authorities
•Aligning CDF with NAP Objectives:
•Under way-Constituencies can use CDF to fund climate adaptation projects
•Ensures community-driven climate resilience efforts
•Key Strategies for Integration:
•Policy Alignment–Ensure CDF guidelines explicitly allow climate-related projects
•Capacity Building–Train local authorities to design and manage climate adaptation
programs
•Monitoring & Evaluation–Implement robust tracking mechanisms for transparency
•Expected Outcome:
•Strengthens local climate adaptation efforts while maintaining national coordination

8. INSTITUTIONAL COORDINATION
•Interim Climate Change Secretariat
established
•MoFNP ensures alignmentof financial
resources with climate goals
•Coordination with all respective ministries,
provinces and other stakeholders

9. THANK YOU