Sustainability and climate change Alert - Green economy and climate change act alert
On 20th December 2024, the Green Economy and Climate Change Act, 2024 (Act No. 18 of 2024) was assented into Law by His Excellency, the Republican President Mr. Hakainde Hichilema. The Act is a landmark legislation aimed at promoting sustainable development and addressing climate change in Zambia. The Act is yet to be operationalized through a Statutory Instrument by the Minister of Green Economy and Environment and this article outlines the key provisions of the Act and explores the related risks and opportunities for businesses.
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