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Interrogating Climate Adaptation Financing in Zimbabwe: Proposed Direction

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Department of Demography Settlement and Development, Faculty of Social and Behavioural Sciences, University of Zimbabwe, Harare 263, Zimbabwe
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Department of Urban and Regional Planning, Faculty of Natural and Agricultural Sciences, University of the Free State, Johannesburg 277, South Africa
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Sustainable and Smart Cities and Regions Research Group, Department of Urban and Regional Planning, University of Johannesburg, Johannesburg 277, South Africa
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Infrastructure Development Bank of Zimbabwe (IDBZ), Harare 263, Zimbabwe
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Ministry of Environment, Climate, Tourism and Hospitality, Government of Zimbabwe, Harare 263, Zimbabwe
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Dialogue on Shelter, Harare 263, Zimbabwe
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Africa Centres for Cities, University of Cape Town, Cape Town 7701, South Africa
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Author to whom correspondence should be addressed.
Academic Editor: Olaf Weber
Sustainability 2021, 13(12), 6517; https://doi.org/10.3390/su13126517
Received: 18 March 2021 / Revised: 11 May 2021 / Accepted: 11 May 2021 / Published: 8 June 2021
Reducing vulnerability to climate change and enhancing the long-term coping capacities of rural or urban settlements to negative climate change impacts have become urgent issues in developing countries. Developing countries do not have the means to cope with climate hazards and their economies are highly dependent on climate-sensitive sectors such as agriculture, water, and coastal zones. Like most countries in Southern Africa, Zimbabwe suffers from climate-induced disasters. Therefore, this study maps critical aspects required for setting up a strong financial foundation for sustainable climate adaptation in Zimbabwe. It discusses the frameworks required for sustainable climate adaptation finance and suggests the direction for success in leveraging global climate financing towards building a low-carbon and climate-resilient Zimbabwe. The study involved a document review and analysis and stakeholder consultation methodological approach. The findings revealed that Zimbabwe has been significantly dependent on global finance mechanisms to mitigate the effects of climate change as its domestic finance mechanisms have not been fully explored. Results revealed the importance of partnership models between the state, individuals, civil society organisations, and agencies. Local financing institutions such as the Infrastructure Development Bank of Zimbabwe (IDBZ) have been set up. This operates a Climate Finance Facility (GFF), providing a domestic financial resource base. A climate change bill is also under formulation through government efforts. However, numerous barriers limit the adoption of adaptation practices, services, and technologies at the scale required. The absence of finance increases the vulnerability of local settlements (rural or urban) to extreme weather events leading to loss of life and property and compromised adaptive capacity. Therefore, the study recommends an adaptation financing framework aligned to different sectoral policies that can leverage diverse opportunities such as blended climate financing. The framework must foster synergies for improved impact and implementation of climate change adaptation initiatives for the country. View Full-Text
Keywords: adaptive capacity; climate change adaptation; policy; adaptation finance; resilience; sustainability; vulnerability; Global South; wealthier countries; developing countries adaptive capacity; climate change adaptation; policy; adaptation finance; resilience; sustainability; vulnerability; Global South; wealthier countries; developing countries
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MDPI and ACS Style

Chirisa, I.; Gumbo, T.; Gundu-Jakarasi, V.N.; Zhakata, W.; Karakadzai, T.; Dipura, R.; Moyo, T. Interrogating Climate Adaptation Financing in Zimbabwe: Proposed Direction. Sustainability 2021, 13, 6517. https://doi.org/10.3390/su13126517

AMA Style

Chirisa I, Gumbo T, Gundu-Jakarasi VN, Zhakata W, Karakadzai T, Dipura R, Moyo T. Interrogating Climate Adaptation Financing in Zimbabwe: Proposed Direction. Sustainability. 2021; 13(12):6517. https://doi.org/10.3390/su13126517

Chicago/Turabian Style

Chirisa, Innocent, Trynos Gumbo, Veronica N. Gundu-Jakarasi, Washington Zhakata, Thomas Karakadzai, Romeo Dipura, and Thembani Moyo. 2021. "Interrogating Climate Adaptation Financing in Zimbabwe: Proposed Direction" Sustainability 13, no. 12: 6517. https://doi.org/10.3390/su13126517

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