The Securities And Exchange Commission (“the Commission”) congratulates the Copperbelt Energy Corporation Plc (CEC) for the registration of its Green bond (Green Medium Term Note Programme), the first in the Zambian Capital Market on the sidelines of the COP 28 Climate Summit.
Minister of Green Economy and Environment, Honourable, Engineer Collins Nzovu, graced the announcement of Zambia’s first Green bond. The Minister stated that” The Zambian Government has developed a Green Growth strategy, which is part of its aspiration to become a prosperous middle- income country by 2023″. The Minister further indicated that the Green Growth strategy is Zambia’s blueprint for greening the economy by deliberately pursuing a development trajectory that is resource efficient, low carbon, climate resilient and socially inclusive.