Zimbabwe needs to be aggressive in putting up bankable project proposals that can attract financing from multi-lateral organisations for climate change adaptation and mitigation.
The call was made by the Minister of Environment, Water and Climate, Cde Oppah Muchinguri-Kashiri at a meeting to guide policy makers, development practitioners and experts who deal with climate financing institutions.
“There are nearly 20 financial institutions, among them, Africa Development Bank, Adaptation Fund, World Bank, Green Climate Fund and International Climate Initiative, ready to provide technical and financial support to developing countries. This therefore calls for Zimbabweans to put up aggressive bankable climate change project proposals so that the country can access climate funding,” said Cde Muchinguri-Kashiri.
The recent floods that destroyed millions of dollars worth of infrastructure, drowning humans and wildlife was an eye opener and a wake-up call for Zimbabwe to work hard and access financing for climate change adaptation and mitigation.