The Reserve Bank of Zimbabwe (RBZ) is advancing the development of a national Green Taxonomy Framework aimed at channelling capital toward environmentally sustainable economic activities and standardising green finance practices across the banking sector. The framework is designed to establish a common classification system for environmentally sustainable projects, mitigating risks of greenwashing and facilitating the…
Zimbabwe is attending the 17th Session of the Conference of the Parties (COP17) to the United Nations Convention to Combat Desertification (UNCCD) to tackle escalating crises in land degradation, desertification, and climate-induced drought. The Conference officially commenced on 17 August and will run through 28 August 2026 in Ulaanbaatar, Mongolia. Convened under the overarching global…
Zimbabwe has formally approved two major international agreements to strengthen its national climate resilience and drought risk financing framework through the African Risk Capacity (ARC). In a post-Cabinet briefing, the government said it ratified a Memorandum of Understanding (MoU) with the global non-profit Start Network. The agreement establishes a partnership under the ARC Replica Programme,…
The Meteorological Services Department will launch Zimbabwe’s National Early Warnings for All Action Plan this week, establishing a comprehensive framework to protect citizens nationwide from escalating climate and weather-related disasters. The strategy translates a global United Nations directive into an operational national plan designed to guarantee that every citizen, regardless of location or vulnerability, receives…
Bongi Khumalo Zimbabwe has intensified preparations for the upcoming 2026/27 agricultural season, putting climate resilience and contingency planning at the centre of its strategy to buffer the sector against forecasted El Niño climate-related risks. In his 2026 Mid-Term Budget and Economic Review, Minister of Finance, Mthuli Ncube, said the government has adopted a comprehensive preparedness…
Bongi Khumalo The Tobacco Industry and Marketing Board (TIMB) has called on farmers to integrate climate-resilient diversification strategies into their operations as the country prepares for a potentially challenging 2026/27 agricultural season. Forecasts from the Meteorological Services Department indicate a strong likelihood of below-normal rainfall during the upcoming season, raising severe climate risks associated with…
Bongi Khumalo Econet Infrastructure Company (Econet InfraCo) has commenced Phase 1 of a 100MW solar farm development, marking a strategic pivot toward clean energy and grid independence across its assets. The solar farm, developed under the group’s PowerCo division, will supply clean power to the upcoming Econet Tech City development. The initiative forms part of…
Bongi Khumalo The Ministry of Agriculture has called on farmers nationwide to step up drought preparations across all agricultural sectors as developing El Niño conditions heighten the risk of a dry season. In an early warning advisory, the Ministry of Agriculture, Mechanisation and Water Resources Development called on producers to implement protective measures before conditions…
Staff Writer The International Monetary Fund says a projected El Niño weather event could slow Zimbabwe’s economic momentum, potentially reducing its baseline 2027 growth forecast from 4.2 percent to a range of 2 to 3 percent. The warning follows a mission to Harare by IMF staff to conduct the first review under the country’s 10-month…
Staff Writer The Ministry of Agriculture says the commissioning of the 30-hectare Wanezi Irrigation Scheme in Insiza District marks a major milestone in government’s drive to climate-proof agriculture. This comes as the government is targeting to increase the area under irrigation from 175 000 hectares in 2020 to 496 000 hectares by 2030. Speaking at…
