Tanzania Agriculture Climate Adaptation Technology Deployment Programme (TACATDP)

  • Adaptation
  • Under implementation
Date approved
07 Oct 2021
Est. completion
20 Sep 2027
ESS Category
Intermediation 2
Financing
Private sector
Entity
CRDB Bank Plc

Overview

Agriculture is essential to Tanzania’s economy and the livelihoods of its people, accounting for 27% of its gross domestic product (GDP) and 67% of jobs. However the agriculture sector is particularly vulnerable to the adverse effects of climate change, including extreme weather events. Climate change and changing temperature patterns have already contributed to a decline in agricultural productivity and to the share of the sector’s contribution to national economic growth – losses that are being exacerbated by weather-related risks. With agriculture playing an integral role in the lives of the country’s most marginalized and vulnerable populations – 80-90% of agricultural land is held by smallholder farmers and 98% of economically active rural Tanzanian women are engaged in farming – the adverse effects of climate change will disproportionately harm those groups and hamper the country’s sustainable development.

This programme will strengthen resilience of Tanzania’s agriculture sector by facilitating access to agriculture climate adaptation technologies. This will be achieved by establishing a lending and de-risking facility that will make these technologies affordable to local farmers and agricultural enterprises, accompanied by technical assistance and support from government authorities.  The project will also strengthen awareness of climate threats and risk-reduction processes among government, industry actors and the financial sector.

Result areas

Project timeline

  • Pipeline

    473 days

    • Concept note received

    • Funding proposal received

    • Cleared by GCF Secretariat

    • Cleared by iTAP

  • Approved

    349 days

    • Approved by GCF Board

    • Legal opinion on AE's Internal Approval

    • FAA executed

  • Under implementation

    1,365 days so far

    • FAA effective

  • To be completed

    462 days to go

    Not started

  • Total project value $ 200 million

  • Total number of beneficiaries 6.1 million

Financing

GCF-financing

0.0%

USD

Co-financing

0.0%

USD

USD 200 million

Show details

GCF-financing

65% disbursed

  • Loan USD 70,000,000
  • Guarantee USD 10,000,000
  • Grant USD 20,000,000
  • Total GCF-financing USD 100,000,000

Co-financing

  • Loan USD 100,000,000
  • Total co-financing USD 100,000,000

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