Zambia-UK Agreements Mark a New Era of Sustainable Development

Zambia and the UK have strengthened their long-standing relationship by signing five agreements aimed at developing renewable energy development, reducing poverty, and enhancing institutional capacity. The agreements, witnessed by Hakainde Hichilema and signed by UK Minister for International Development Anneliese Dodds, reflect a shared commitment to sustainable development and economic growth.

Among the initiatives is the reaffirmation of the UK-Zambia Green Growth Compact, which targets £2.5 billion in private investment into Zambia's renewable energy and climate projects. Dodds emphasised that this partnership highlights the UK’s commitment to support Zambia’s energy sector while it will also aid to “drive development, unlocking opportunity, equality, and economic growth.” Hichilema highlighted the importance of renewable energy investment in countering the adverse effects of climate change.

The agreements also establish a climate finance unit to boost Zambia’s access to global climate funds and support poverty alleviation through developmental projects. Dodds praised Zambia's efforts to revive its economy and assured continued UK support for a resilient, sustainable future, stating that “growth is the key driver of development.”

These developments come as Zambia celebrates its 60th year of independence, marking a significant milestone in its partnership with the UK. The agreements demonstrate a broader strategy to foster global prosperity while driving economic growth domestically for both nations.