SOCIAL Economist Kelvin Chisanga has applauded the approval of 45 million US Dollar by the World Bank under the Second Zambia Climate and Economic Resilience Programmatic Development Policy Financing (DPF).

Mr Chisanga said the move is a strong endorsement of Zambia’s reform agenda, aimed at consolidating the framework. 

In a statement made available to ZANIS, he added that the support will strengthen fiscal transparency, particularly in copper revenue management and introduce a credit risk assessment framework for loans and guarantees, safeguarding debt sustainability. 

“It will also promote private sector investment through operational PPP funds, new guidelines and the Green Economy and Carbon Market Regulations 2026, unlocking climate-aligned opportunities,” Mr Chisanga said.

“While modest in size, the real value lies in reforms that enhance fiscal discipline, resilience to climate shocks and investment confidence,”he said.