Building Climate Resilience of Vulnerable Agricultural Livelihoods in Southern Zimbabwe (GCF-FP127)

  • Zimbabwe
Where the impacts of the investment may be experienced.
Financial Institutions
  • Green Climate Fund (GCF)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Bank Risk Rating
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Mar 12, 2020
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
United Nations Development Programme
The holder of the loan, grant, or other investment.
  • Agriculture and Forestry
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD)
$ 26.58 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 47.80 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ GCF website

Updated in EWS Aug 3, 2020

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Project Description

According to bank provided information, Southern Zimbabwe has experienced increasing temperatures since the 1950s with a decline in total annual precipitation and an increase in mid-season dry spells coupled with extreme weather events in the form of droughts and floods. These changes in climate have reduced water availability and increased soil aridity, resulting in declining agricultural yields and impacting the livelihoods of smallholder farmers in this region. In Southern Zimbabwe, rainfall is predicted to decrease by 15 per cent and runoff by 20 per cent in provinces of Manicaland, Masvingo and Matabeleland South, leading to higher food deficits and higher food prices, as well as higher number of drought-related livestock deaths.

The project proposes to address these observed and projected climate impacts and build the resilience of smallholder farmers in three semi-arid agroecological regions of southern Zimbabwe.


Investment Description
  • Green Climate Fund (GCF)
Contact Information

United Nations Development Programme:
Mr. Pradeep Kurukulasuriya
Executive Coordinator and Director, Global Environment Finance
304 East 45th Street, FF-9th Floor, New York, NY, United States
PHONE +1 (212) 906-5884

Mr. Robin Merlier
Environmental Policy Specialist Global Environmental Finance, Bureau for Policy and Programme Support (BPPS)/Global Policy Network
PHONE +1 2129065842

Climate Change Management Department, Ministry of Environment, Water and Climate:
Mr. Washington Zhakata
Director - Climate Change Management Department
Climate Change Management Department, 11th Floor, Kaguvi Building, Corner 4th Street/Central Avenue, Harare, Zimbabwe, Harare, Zimbabwe
PHONE +263 4 701 681
PHONE Tel.: +263 4 701 681

Mr. Elisha Moyo
Principal Climate Change Research Officer
Climate Change Management Department 11th Floor, Kaguvi Building, Corner 4th Street/Central Avenue, Harare, Zimbabwe
PHONE +263 4 701 681
PHONE +263 4 701 683


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