NDF and the World Bank support to Green Climate Fund proposal development in Zambia

NDF and the World Bank (WB) will share the costs of preparing a full Green Climate Fund (GCF) funding proposal package for Zambia.

The Nordic Development Fund (NDF) has approved a grant of EUR 250,000 that will contribute to the costs of preparing a full GCF funding proposal on the Transforming Landscapes and Resilience for Development Project (TRALARD) in Zambia.

The proposed GCF funding will complement a new WB USD 100 million loan to Zambia and allow for increasing the scope and coverage of the TRALARD in northern Zambia.

The proposed intervention area for the planned GCF funding in Northern Zambia faces growing challenges due to climate change and the high rates of poverty. The region’s ability to cope with climate change impacts is aggravated by several factors, the most important being poverty. More than half of the rapidly growing population experience a high degree of incidence of extreme poverty, meaning most of the poor are extremely poor. In addition to high levels of poverty, people in this region are particularly vulnerable to climate change and weather variability due to their dependency on agriculture and natural resources. The primary economic activities include subsistence agriculture, fishing and use of forest resources. Severe poverty and food insecurity are widespread.

The development of a full GCF funding proposal for TRALARD will seek to have the proposed intervention focus on addressing the main drivers of environmental degradation, natural resource exploitation and persistent poverty. The plan is to have the GCF TRALARD proposal focus on improving poor vulnerable communities’ livelihoods, food security and resilience to climate change.

Original source: NDF
Published on 22 August 2019