Real cost of disasters is 10 times higher than previously thought, says UN

As countries face increasingly steep bills from natural hazards, the true cost of disasters is actually 10 times higher than previously estimated, with far-reaching effects across healthcare, housing, education and employment. This is according to a report released Tuesday by the UN Office for Disaster Risk Reduction (UNDRR). While current estimates suggest the global economic impact of…

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AfDB approves $10 million grant to boost climate resilience in Zimbabwe

The African Development Bank Group has approved a $10,12 million grant from its African Development Fund to boost sustainable agricultural production and strengthen rural resilience in drought-prone regions in Zimbabwe. The project is expected to directly benefit 7,000 livestock-keeping farmers and 42,000 smallholder farmers in Zimbabwe. The Zimbabwe Agricultural Value Chain and Livelihoods Enhancement Project…

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Government calls for localisation of climate action

The Minister of Environment, Climate, and Wildlife, Evelyn Ndlovu, has called for the localisation of climate action, noting that communities and actors are best placed to identify and implement the interventions needed to respond to their climate vulnerabilities. Speaking at the Utariri Day Celebration, Ndlovu also underscored the need to increase climate finance flows to…

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Zimbabwe leads Africa in climate plan submissions

Staff Writer Zimbabwe has distinguished itself as the sole African nation to meet the February 10, 2025 deadline for submitting its updated national climate plan, known as Nationally Determined Contributions (NDCs), to the United Nations Framework Convention on Climate Change (UNFCCC) secretariat. Parties to the Paris Climate Agreement are required to submit updated national climate…

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Zim’s food import bill surges on El Niño

Staff Writer Zimbabwe’s food import bill increased significantly by 55.2% to US$976.1 million in 2024 from US$628.9 million in 2023, latest data shows. According to the Reserve Bank of Zimbabwe (RBZ), the increase was underpinned by grain imports, necessitated by the El Niño-induced drought that adversely affected the 2023/24 agricultural season. “Maize imports increased from…

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Zimbabwe receives US$31.8 million drought relief payout from African Risk Capacity

Staff Writer Zimbabwe has received a US$31.8 million payout from the African Risk Capacity (ARC) drought insurance scheme to bolster food security efforts and aid a challenging agricultural season. Zimbabwe like its counterparts in Southern Africa, is currently grappling with El Niño-induced severe drought which has impacted millions of farming households, affecting their livelihoods, food…

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