The Impacts of Green Credit Financing on Climate Change in Zimbabwe

Abstract

Zimbabwe is highly vulnerable to climate change due to its heavy economic dependence on rain-fed agriculture and also high climate sensitive resources. It is well known that just like elsewhere in the global village the country has experienced quite a number of recurrent droughts, mid-season dry spells, flooding, hailstorms and cyclones that have reduced crop yields and livestock productivity and increased food insecurity and poverty. According to researches climate change is projected to worsen the situation by increasing the frequency and intensity of extreme weather events and also by reducing the length and reliability of the rainy season. Such changes will have huge negative impacts on the suitability and availability of land and water for agricultural activities and also distribution of pests and diseases. This paper therefore seeks to explore the effects of climate change on agriculture in Zimbabwe. Moreover to serve as a foundation to why the government of Zimbabwe came up with the green credit finance as a strategy to counter effects of climate change.