Executive summary
Climate Change presents a significant threat to the environment, human life, food security and economic development. Africa will be the most affected continent due to poverty and low adaptive capacity and Zimbabwe has not been spared by the impacts of climate change as studies have shown that Zimbabwe is now experiencing more hot and less cold days than in the past and rainfall has become erratic in space and time. This study increases understanding of adaptation financing in Zimbabwe. Climate finance generally refers to finance for activities aiming to mitigate or adapt to the impacts of climate change. However, it is sometimes conflated with the related and overlapping concepts of development and green finance.
The immediate user of the outputs of this study will be Oxfam and its partners as they contribute towards shaping their national climate justice advocacy. The study will also help to identify adaptation climate finance that can be amplified through the global climate finance demands ensuring an engendered and green economy. Specifically, the study will:
a) Assess climate finance flows in Zimbabwe as Oxfam’s contribution on climate finance data and evidence for advocacy on Climate Justice.
b) Provide evidence on the current situation and offer options for improvements based on evidence.
c) Contribute to the broader agenda of climate justice effort of the government and other development practitioners used for organisational learning, capacity building, accountability, and advocacy.
The findings from this study will serve as a baseline of climate finance flows for Zimbabwe; help to improve the understanding of volume, sources, thematic uses, and sectoral allocation of these climate finance flows; and identify entry points, financing gaps, and opportunities for new investments. The evidence will be used by Oxfam partners and target groups to influence national financial flows and access to climate finance by communities and sectors at the frontline of the climate crisis.
See attached for more detail.