FP179

Tanzania Agriculture Climate Adaptation Technology Deployment Programme (TACATDP)

Tanzania Agriculture Climate Adaptation Technology Deployment Programme (TACATDP)

  • Status Under implementation
  • Date approved 07 Oct 2021 at B.30
  • Est. completion 20 Sep 2027
  • ESS Category Intermediation 2

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

Cleared by GCF Secretariat

16 Jul 2021

Cleared by iTAP

14 Sep 2021

Approved

07 Oct 2021 - 349 days

Approved by GCF Board

07 Oct 2021

Legal opinion on AE's Internal Approval

03 Dec 2021

FAA executed

22 Jun 2022

Under implementation

20 Sep 2022 - 815 days so far

FAA effective

20 Sep 2022

Disbursement - USD 2,439,875

21 Mar 2023

Disbursement - USD 4,488,713

08 Dec 2023

Disbursement - USD 35,000,000

08 Dec 2023

To be completed

20 Sep 2027 - 1,013 days to go

One region

  • Africa

One country

Two priority groups

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

GCF financing42% disbursed

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

Co-financing

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

GCF Contacts

General media inquiries

GCF Communications
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GCF Information Disclosure
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Project complaints and grievances

GCF Independent Redress Mechanism (IRM)
Phone +82 32 458 6186 (KST)
File a complaint

Integrity issues

GCF Independent Integrity Unity (IIU)
Phone +82 32 458 6714 (KST)
Send e-mail

Entity

CRDB Bank Plc
Mr. Kenneth Kasigila
Primary

Head of Policy Advisory and Climate Finance
CRDB Bank Plc, Office Accomodation Scheme, Azikiwe Street, P.O. Box 268., Dar Es salaam, Tanzania Tel: +255 (0) 22 211 7441-7 Fax: +255 (0) 22 211 6714, Tanzania
Mr. Abdulmajid Nsekela
Primary

CEO and Managing Director
More contacts

National Designated Authority

Tanzania
Vice President's Office
Eng. Cyprian Luhemeja Primary
Permanent Secretary
Dr Freddy Manyika Secondary
Principal Forest Officer, UNFCCC National Focal Point
Phone +255-26-2329006
kanizio.manyika@vpo.go.tz

News + Stories

GCF and CRDB Bank Plc. sign agreement to boost access to climate adaptation technologies for agribusinesses in Tanzania

27 Jun 2022 / The Green Climate Fund (GCF) and CRDB Bank Plc. have signed an agreement for a climate adaptation lending facility for smallholder farmers and agribusinesses in the United Republic of Tanzania on the sidelines of the 2022 Commonwealth Heads of Government Meeting (CHOGM) in Kigali, Rwanda.