Wednesday, June 29, 2022
  • About Us
  • ImagiNATION
  • Adverts
  • Rate Card
  • Contact Us
The Nation Online
Advertisement
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Chichewa
  • Enation
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Chichewa
  • Enation
No Result
View All Result
No Result
View All Result
Home News National News

Malawi loses out on climate funds

by Watipaso Mzungu
01/08/2017
in National News
2 min read
0
Share on FacebookShare on TwitterShare on WhatsAppShare on LinkedinLinkedinShare via Email

 

Government has revealed that legal challenges between World Bank and Green Climate Fund (GCF) have put Malawi at a disadvantage in its efforts to access support for financing climate change activities and projects.

Ministry of Mining and Natural Resources chief environmental officer Evance Njewa made the remarks in Salima recently during a validation workshop for stakeholders, players and civil society organisations (CSOs) in Green Climate Fund in Malawi.

Climate change

The meeting was organised by Civil Society Network on Climate Change (Cisonecc) with funding from Care International.

Njewa stated that GCF and World Bank were failing to agree on some of the conditionalities for accessing the finances, thereby disadvantaging the country.

He said: “Government had been working with World Bank since 2016 as a delivery partner to speed up the GCF funding support. The challenge, however, was that the bank was facing legal challenges with GCF.”

Njewa disclosed, among others, that the proposal required the Bank to sign Master Accredited Agreement with the Fund, but that the “two were failing to agree”.

“There were possibilities that the government of Malawi would stop operating through the Bank on GCF funding,” he added.

Cisonecc national director Julius Ng’oma suggested that in such a case, government should not wait for readiness of funds, but rather build the capacity of potential institutions, which are capable of handling big projects and have capacity to manage GCF funding.

He also suggested that government should engage the academia to facilitate development of good proposals.

“The government needs to strategise on building capacities of companies such as the Electricity Supply Commission of Malawi and the Malawi Rural Electrification Programme to utilise the GCF funding opportunities,” stressed Ng’oma. n

Previous Post

Ex-MYPs give govt 5-day ultimatum

Next Post

Most urges farmers to be insured

Related Posts

Front Page

Mwanamvekha wants his case dismissed

June 28, 2022
National News

Mixed fortunes for Dedza Dynamos

June 28, 2022
National News

MET says cold, wet weather will continue

June 28, 2022
Next Post
Saiti: We need change

Most urges farmers to be insured

Opinions and Columns

My Turn

US court threatens women’s rights

June 29, 2022
People’s Tribunal

Two years later and we are still singing same song

June 26, 2022
Big Man Wamkulu

Wife’s relatives have taken over my house

June 26, 2022
My Thought

Stop cyber harassment

June 26, 2022

Malawi-Music.com Top10

Trending Stories

  • ACB cleared Sattar contract—Documents

    0 shares
    Share 0 Tweet 0
  • Britain squeezes Zuneth Sattar

    0 shares
    Share 0 Tweet 0
  • MET says cold, wet weather will continue

    0 shares
    Share 0 Tweet 0
  • Mwanamvekha wants his case dismissed

    0 shares
    Share 0 Tweet 0
  • K243bn Malawi trade deal on rocks

    0 shares
    Share 0 Tweet 0

  • Values
  • Our Philosophy
  • Editorial policy
  • Advertising Policy
  • Code of Conduct
  • Plagiarism disclaimer
  • Disclaimer
  • Privacy Policy
  • Terms of use

© 2022 Nation Publications Limited. All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Life & Style
    • Every Woman
      • Soul
      • Family
    • Religion
    • Feature
  • Society
  • Columns
  • Sports
  • Chichewa
  • Enation

© 2020 Nation Publications Limited. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.