By BUUMBA CHIMBULUZAMBIA’S published Natural Capital Accounts have significantly influenced policy in the national planning process, says Ministry of Finance and National Planning acting Director of Development Planning, Richard Lungu.Mr Lungu pointed out that the policy implications resulting from the integration of Natural Capital Accounting into the country’s Eighth National Development Plan (8NDP) 2022-2026.He cited focusing on environmental sustainability and natural resources management as one of the results.Mr Lungu said this during the Natural Capital Accounting Strategy and benchmarking consultative meeting in South Africa.While there, he emphasised the need for Zambia to formulate a comprehensive national strategy on natural capital accounting.“This strategy aims to facilitate better coordination and integration of efforts related to natural capital within the country,” Mr Lungu stated.He also advocated for cooperation among both national and international institutions, as well as various stakeholders, to enhance investment and dedication towards producing credible and valuable natural capital accounts.He believed that these capital accounts were […]
Natural Capital Accounts have influenced policy in planning’
