FP179

Tanzania Agriculture Climate Adaptation Technology Deployment Programme (TACATDP)

Tanzania Agriculture Climate Adaptation Technology Deployment Programme (TACATDP)

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.

Total project value

 

Beneficiaries

 

Direct
1,241,288
Indirect
4,903,056
Theme

Adaptation

Result areas

Project timeline

Pipeline

22 Jun 2020 - 473 days

Concept note received

22 Jun 2020

Funding proposal received

29 Mar 2021

Approved

07 Oct 2021 - 13 days so far

Approved by GCF Board

07 Oct 2021

Under implementation

Completed

One region

  • Africa

One country

One priority group

  • African States
USD  
  • Financing
    • Private sector
    • Public sector
  • Size
    • Micro
    • Small
    • Medium
    • Large

GCF financing0% disbursed

InstrumentAmount
LoanUSD 70,000,000
GuaranteeUSD 10,000,000
GrantUSD 20,000,000
Total GCF Financing
USD 100,000,000

Cofinancing

CofinancerInstrumentAmount
Co-FinancingLoanUSD 100,000,000
Total Co-Financing
USD 100,000,000

GCF Contacts

General media inquiries

GCF Communications
Phone +82 32 4458 6338 (KST)
Send e-mail

Request for information

GCF Information Disclosure
Request information about this project

Project complaints and grievances

GCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6485 (KST)
File a complaint

Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6155 (KST)
Send e-mail

Accredited Entity

CRDB Bank Plc
Mr. Abdulmajid Nsekela
CEO and Managing Director
Mr. Kenneth Kasigila
Senior Manager Sustainable Finance Outreach and Relationships
More contacts

National Designated Authority

United Republic of Tanzania
Vice President's Office
Ms. Mary N Maganga
Permanent Secretary
P.O.Box 2502, Dodoma, Tanzania