Zimbabwe - The Agricultural Climate Resilient and Vulnerability Reduction Project (ACRES) (AFDB-P-ZW-AA0-024)

Regions
  • Africa
Geographic location where the impacts of the investment may be experienced.
Countries
  • Zimbabwe
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • African Development Bank (AFDB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
B
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Mar 10, 2026
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Borrower
Government of Zimbabwe - Ministry of Rural Development
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Agriculture and Forestry
  • Climate and Environment
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Grant
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 24.81 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Project Cost (USD)
$ 27.94 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ AFDB website

Updated in EWS Jul 24, 2026


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the Bank’s website, the Agricultural Climate Resilient and Vulnerability Reduction Project (ACRES) supports the Government of Zimbabwe in strengthening climate resilience and reducing vulnerability in the agricultural sector, particularly in drought-prone areas. The total project cost amounts to UA 20.50 million, financed by a UA 18.21 million grant from the African Development Fund under the Transition Support Facility (TSF) Pillar I (88.8%), complemented by a Government in-kind contribution of UA 2.06 million (10.1%) and a beneficiary contribution of UA 0.23 million (1.1%), with no external co-financiers. The project promotes climate-smart agriculture, sustainable land and water management, and resilient rural infrastructure to address recurrent droughts, ecosystem degradation, and food insecurity. It aligns with Zimbabwe’s National Development Strategy (2021–2025), the Bank’s Ten-Year Strategy (2024–2033), and the High 5 priorities “Feed Africa” and “Improve the Quality of Life for the People of Africa,” while contributing to adaptation and mitigation objectives under the Paris Agreement.

The project aims to enhance the resilience of rural communities severely affected by climate shocks and environmental degradation while improving agricultural productivity and livelihoods. It focuses on strengthening climate-resilient water and livestock systems, promoting sustainable rangeland and natural resource management, and supporting diversified livelihoods such as poultry, apiculture and aquaculture. The project also strengthens agricultural input supply chains, improves access to climate information and early warning systems, and builds institutional capacity for climate adaptation planning. Through these interventions, it seeks to improve food security, stabilize incomes and reduce vulnerability to drought and climate variability.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

Environmental Category: [2] Moderate Risk

The Project was confirmed as Category 2 on 9 July 2025, validated in ISTS and recorded in SAP as moderate risk in accordance with Zimbabwe Environmental Management Act Chapter 20:27 of 2002.

The major environmental and social risks and significant impacts are: (i) Soil and water pollution due to chemical runoff from agrochemicals and dip tank operations; (ii) Soil erosion due to land disturbance from project activities; (iii) Occupational health and safety risks, including exposure to agrochemicals, noise, dust, and machinery-related hazards; and (iv) Social inequalities if access to project benefits is not equitably distributed.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

The total project cost amounts to UA 20.50 million, financed by a UA 18.21 million grant from the African Development Fund under the Transition Support Facility (TSF) Pillar I (88.8%), complemented by a Government in-kind contribution of UA 2.06 million (10.1%) and a beneficiary contribution of UA 0.23 million (1.1%), with no external co-financiers.

Finance Type: Grant
Commitments (UA): 18,210,000
Conversion Rate USD (2026-03-10): 1,36276


Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Name: Yappy Gregory SILUNGWE
Email: y.silungwe@afdb.org

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.afdb.org/en/disclosure-and-access-to-information/request-for-documents. Under the AfDBs Disclosure and Access to Information policy, if you feel the Bank has omitted to publish information or your request for information is unreasonably denied, you can file an appeal at https://www.afdb.org/en/disclosure-and-access-to-information/appeals-process.

ACCOUNTABILITY MECHANISM OF AfDB

The Independent Review Mechanism (IRM), which is administered by the Compliance Review and Mediation Unit (CRMU), is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an African Development Bank (AfDB)-financed project. If you submit a complaint to the IRM, it may assist you by either seeking to address your problems by facilitating a dispute resolution dialogue between you and those implementing the project and/or investigating whether the AfDB complied with its policies to prevent environmental and social harms. You can submit a complaint electronically by emailing crmuinfo@afdb.org, b.kargougou@afdb.org, b.fall@afdb.org, and/or s.toure@afdb.org. You can learn more about the IRM and how to file a complaint at: https://www.afdb.org/en/independent-review-mechanism/

How it works

How it works