MNRCC-Malawi speaking at World Bank Pavilion Cop27

MNRCC-Malawi speaking at World Bank Pavilion Cop27

Stella Funsani (center) from Ministry of Natural Resources and Climate Change - Malawi speaking at World Bank pavilion cop27 where Rwanda and Malawi shared their inaugural Climate Country Development Reports (CCDR).

CCDR is a diagnostic report providing deep insights about how the growing climate change threat is pushing away countries from meeting their economic growth targets.

Malawi report was launched weeks ago in Lilongwe. The report states that the country's GDP could plummet by 3- 9 by 2030 if no serious adaptation measures are put in place to narrow down existing vulnerabilities.

It also highlights key investment areas Malawi needs to focus on if the country is to stay on course in the implementation of Malawi 2063 Vision.

Priorities include halting deforestation and accelerating resilient investments in the energy sector.

At the event, Gama said highlighting the statistics alone will not bring solutions and therefore appealed to those responsible for climate change to release money that will help countries like Malawi move out of the woods.

She thanked world bank for supporting the development of the report and for spearheading the implementation of transformative projects such as the Shire Valley Transformative Program.