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Saturday, May 25, 2024

‘Zimbabwe a front-runner in transition towards green economy’

Story by Tichaona Kurewa

THE United Nations Economic Commission for Africa (UNECA) has noted Zimbabwe’s potential to become a frontrunner in the transition towards a green economy.

Speaking after a tour of the conference facilities for the 56th United Nations Economic Commission for Africa (UNECA) in Victoria Falls this Monday, UNECA Deputy Executive Secretary, Mr Antonio Pedro noted Zimbabwe’s existing strengths in the transition towards a green economy.

The commission highlighted that the development gave Zimbabwe an edge to host the continental event for the first time.

“The theme is about transitioning Africa’s economies towards greener economies and Zimbabwe has all the assets to be able to make this transition smoothly and be a role model on the steps, on the pathways towards this transition. Here in Zimbabwe from the sun, you have solar radiation and hydropower, we are here at the Zambezi, from Kariba, and others. We are talking about the electrification of the transportation system where the lithium deposits that Zimbabwe has will save the bases of that revolution,” he said.

Zimbabwe is alive to opportunities that will come with hosting the conference while also highlighting the significant progress that has been made in preparing for the summit.

“I am pleased so far by the state of preparedness, everything is ready. We are ready to go. The venue is wonderful, you now have the various points, the main hall where the conversation will take place, the breakaway rooms, holding rooms, security, information, the clinic, which is critical, everything is in place now,” said the Minister of Finance, Economic Development, and Investment Promotion, Professor Mthuli Ncube.

UNECA’s endorsement comes at a pivotal moment for Zimbabwe, as the nation seeks to revitalise its economy and chart the way forward toward a sustainable future.

Zimbabwe will chair the UNECA Council of Ministers in 2024 and hand it over to the next chair in 2025.

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