Mozambique has approved its National Climate Finance Strategy (ENFC) 2025–2034, a landmark step for one of the world’s most climate-vulnerable nations. Far more than a technical tool, the ENFC is designed as a resource-mobilization and action platform aimed at turning threats into opportunities for sustainable and inclusive growth.
The decision was announced during the 32nd Ordinary Session of the Council of Ministers in Maputo, underscoring the government’s effort to build financing policies that support both climate adaptation and mitigation while boosting strategic sectors of the economy.
“This strategy reflects Mozambique’s firm commitment to sustainability. It is not only a technical instrument but also a platform for mobilization and action to transform climate challenges into opportunities for development, improving people’s lives and ensuring resilience for future generations,” said Minister of Planning and Development Salim Valá.
Strategic Pillars
- Resource mobilization: The ENFC seeks predictable, sustainable financing through domestic and international sources, strengthening access to multilateral and bilateral climate funds.
- Integration into national planning: Climate financing will be embedded in national budgets and planning, aligning public policies and ensuring climate priorities cut across all sectors.
- Private sector engagement: The strategy promotes green finance mechanisms and public-private partnerships, encouraging investment in renewable energy, climate-smart agriculture, and circular economy solutions.
- Resilience building: With recent cyclones, floods, and droughts exposing the country’s fragility, the ENFC prioritizes strengthening resilience in agriculture, energy, transport, infrastructure, and water resources.
- Transparency and accountability: Robust monitoring, evaluation, and governance mechanisms will be coordinated by the Ministry of Planning and Development to secure trust from partners and civil society.
Expected Impacts
Through the ENFC, Mozambique aims to expand access to climate funds, channel investments into transformative projects, create an enabling environment for the private sector, and reduce social, economic, and environmental vulnerabilities—fostering a more inclusive development model.
Aligned With Long-Term Goals
The ENFC is part of Mozambique’s broader National Development Strategy (ENDE) 2025–2044, aligned with the UN 2030 Agenda and the African Union’s Agenda 2063.
“This is a commitment to the future. The climate agenda should not be seen as a cost, but as an opportunity to redefine our economic and social model,” Minister Valá concluded.
Source: O Económico
