Zimbabwe is a lower middle-income country with abundant natural capital and growth potential, but is highly exposed to climate change, with its immediate ability to address climate challenges severely constrained. People in Zimbabwe are increasingly reliant on successive rounds of emergency relief rather than a formal government safety net. Macroeconomic constraints, deindustrialization, and land reform have combined to increase dependency on agricultural livelihoods and push up emissions from land use change. The macroeconomic constraints pose a double bind in which the inability to finance development, climate adaptation, and mitigation is leading to increased land degradation, higher net emissions, and less resilience. This Country Climate and Development Report (CCDR) identifies a path out of this double bind by linking demand from global green value chains to Zimbabwe’s significant reserves of energy transition minerals (ETMs), such as lithium needed for electric vehicles, in a way that: (i) enables public and private sectors to invest in resilient low-carbon development; (ii) finances capital accumulation that could be deployed to support at-scale land restoration and increases agricultural productivity; and (iii) expands resilience-building social safety nets to protect the most vulnerable, helping them adapt to the expected increase in cyclical weather shocks.
Authors
- Citation
- “ World Bank Group . 2024 . Zimbabwe Country Climate and Development Report . CCDR Series . © Washington, DC: World Bank . http://hdl.handle.net/10986/41137 License: CC BY-NC-ND 3.0 IGO . ”
- Collection(s)
- Country Climate and Development Reports (CCDRs)
- Identifier externaldocumentum
- 34259887
- Identifier internaldocumentum
- 34259887
- Published in
- United States of America
- Region country
- Zimbabwe
- RelationisPartofseries
- CCDR Series
- Report
- 187767
- Rights
- CC BY-NC-ND 3.0 IGO
- Rights Holder
- World Bank
- Rights URI
- https://creativecommons.org/licenses/by-nc-nd/3.0/igo/
- UNIT
- AFR ENR PM 2 (SAEE2)
- URI
- https://hdl.handle.net/10986/41137
- date disclosure
- 2024-02-29
- region administrative
- Africa Eastern and Southern (AFE)
- theme
- Inclusive Growth,Mitigation,Infrastructure Finance,Economic Policy,Green Growth,Social Protection,Social Development and Protection,Economic Growth and Planning,Environment and Natural Resource Management,Finance for Development,Finance,Environmental policies and institutions,Climate change,Adaptation,Macroeconomic & Structural Policy Modelling,Social Safety Nets