Underfunding in climate weakens economy

Underfunding in climate weakens economy

Malawi Economic Justice Network (Mejn) says the less than one percent climate financing allocation to the national budget is too low to shield the economy from the growing costs  of mitigating climate change impact. In its recommendations to the 2026/27 National Budget, Mejn said allocating five percent in line with the Public Finance Management Strategy 2023/28 goals of allocating resources consistent with the priorities in the Malawi 2063 Firs…