SUPPORTING ARTICLE 6 COOPERATION - PROJECT START IN ZAMBIA
On 28 March 2023, the Supporting Article 6 Cooperation (SPAR6C) program was officially launched by Honorable Eng. Collins Nzovu, Minister of the Zambian Green Economy and Environment Ministry (MGEE), and Ms. Anne Wagner-Mitchell, Germany's Ambassador to Zambia. With a total funding of approx. 20 Million EUR, SPAR6C is currently, the world’s largest A6 program. In the coming five years, it will support the governments of Zambia, Colombia, Pakistan and Thailand in developing their A6 frameworks and innovative carbon financing programs.
The day after the opening ceremony, MGEE with support from GFA, convened a round table discussion with the Ministry of Energy, development financing institutions (DFI), commercial banks, regulators and utility and key private sector agencies. The parties met to discuss Zambia’s strategy to finance the expansion of renewable energy, and address the country’s significant future power generation needs. As a whole, the SPAR6C consortium is led by the Global Green Growth Institute. GFA leads the work stream in Zambia.
Read more about the program on the official website of the Global Green Growth Institute.
Photo: The Honorable Minister of Green Economy and Environment Eng. Collins Nzovu with Germany's Ambassador to Zambia, Ms. Anne Wagner- Mitchell during the ribbon-cutting ceremony.
Kafue Sugar Plantation: The purpose of the visit was to assess how best to engage Kafue Sugar in implementing its participation in the carbon markets. Kafue Sugar is ready to participate in the carbon markets if a proper framework is put into place to enable the company to undertake such activities.