| Work Detail |
The town of Luangwa in eastern Zambia has implemented an innovative programme to increase revenue collections and economic stability in the face of mounting climate change impacts.
According to a detailed report by local officials, Luangwa has been plagued by increased flooding in recent years due to climate change. The floods have led to repeated business closures and economic disruption. This spelt trouble for the Luangwa Town Council, which relies heavily on local revenue sources like markets and shops for its budget.
Overall revenue collection was meeting 92% of estimates, but revenue specifically from local sources languished at just 74% of expectations in 2022. Not only did this impact the councils expenditures and services, but a portion of the tax proceeds had to be spent on tax collection itself.
Faced with this crisis, Zambia officials developed a multi-pronged strategy focused on long-term financial health, economic pivoting and tapping new revenue streams. Central to the plan were core values of participation, transparency, accountability, and equity /inclusion. |
