Quick Facts

Countries:
Where the impacts of the investment may be experienced.
  • Namibia
Banks:
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
  • Green Climate Fund (GCF)
Status: Active
Bank Risk Rating: C
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.
Board Decision Date: 2016-10-01
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.
Borrower or Client: Ministry of Agriculture, Water and Forestry (MAWF)
The holder of the loan, grant, or other investment.
Sectors:
The service or industry focus of the investment. A project can have several sectors.
  • Agriculture and Forestry
  • Climate and Environment
Investment Type(s): Grant
The categories of the bank investment: loan, grant, etc.
Investment Amount (USD): $ 9.50 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): $ 10.00 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.

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Primary Source

Original disclosure @ GCF website
Updated in EWS: 2017-08-23
Climate Resilient Agriculture in three of the Vulnerable Extreme northern crop-growing regions (CRAV
GCF-FP023

Project Description
Increasing the climate-resilience and reducing the food insecurity of subsistence farmers in Namibia Namibia's northern small-scale subsistence farming communities are vulnerable to climate-related challenges as incidents of drought and high temperatures increase. The communities in Zambezi, Kavango East and West are dependent on primary production and natural resources, rely on rain-fed (dry land crop production) agriculture, and have limited livelihood options and employment opportunities. These communities experience high levels of poverty, and climate change is expected to lead to reduced crop yields, loss of ecosystems services (such as water purification and biomass energy) and ecosystem degradation. CRAVE will reduce food insecurity by allowing beneficiaries to acquire abilities to adopt conservation agriculture and climate-resilient agricultural practices to produce food, as well as providing them with access to renewable energy. The project will scale up the adoption of adaptive measures such as conservation agriculture and micro drip irrigation. A centre of excellence, the Mashare Climate Resilient Agriculture Centre of Excellence (MCRACE) will also be established, which will carry out demonstration pilots including a fertilizer mixing plant, organic manure and guano trials. Farmers will be provided with sustainable access to off-grid solar energy technologies including water pumping for small-scale micro horticultural systems, and refrigeration for harvested food, reducing the dependency on imported fuels.
Investment Description
Contact Information
Environmental Investment Fund (EIF) Mr. Benedict Libanda Tel: +264 61 4317700 Mr. Karl Aribeb Tel: +264 61 4317701 ACCOUNTABILITY MECHANISM OF GREEN CLIMATE FUND The Independent Redress Mechanism (IRM) is the independent complaint mechanism for a person or people who have been or believe they are likely to be adversely affected by a project or programme funded by the Green Climate Fund. If you submit a complaint to the IRM, it may seek to address the issues raised by facilitating a problem-solving dialogue or, if that is not possible, conducting an independent investigation into whether the GCF has complied with its environmental and social policies. The IRM is newly created and is still in the process of developing its procedures and website. More information about the IRM and how you can file a complaint is forthcoming. You can contact the IRM at irm@gcfund.org.
Bank Documents