[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_direction_desktop=”default” column_element_spacing=”default” desktop_text_alignment=”default” tablet_text_alignment=”default” phone_text_alignment=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_backdrop_filter=”none” column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1/1″ tablet_width_inherit=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][image_with_animation image_url=”1577″ image_size=”full” animation_type=”entrance” animation=”None” animation_movement_type=”transform_y” hover_animation=”none” alignment=”” border_radius=”none” box_shadow=”none” image_loading=”default” max_width=”100%” max_width_mobile=”default”][divider line_type=”No Line”][vc_column_text]UK FCDO, FSD-Africa, and the Climate Action Platform for Africa (CAP-A) convened workshops with Zambian government officials and carbon market participants (April 2024, in Lusaka). Key discussion points highlighted challenges and opportunities for Zambia’s carbon market:
- Limited Regulatory Scope: Currently, regulations only address REDD+ projects, creating a perception of risk for other carbon initiatives. While a broader climate change act is in development, its delay fuels uncertainty for potential investors.
- Clarifying Jurisdictional REDD+: The Zambia Integrated Forest Landscape Project (ZIFLP) aims to standardise methodologies and establish a national jurisdictional approach. However, the government needs to ensure new regulations consider existing REDD+ projects and their alignment with Article 6 of the Paris Agreement.
- Unlocking Potential Through Collaboration: Fragmented efforts by agencies, developers, and NGOs hinder market growth. Enhanced collaboration and knowledge sharing are crucial to achieve an inclusive and effective carbon market.
- Zambia’s Path to Leadership: A diverse portfolio of carbon projects supported by international and local organizations positions Zambia for a leading role in Africa. Strong government backing can further foster an environment that incentivises communities, promotes sustainable livelihoods, ensures high-integrity credits, and strengthens project feasibility.