Project News Details
Title:
Mozambique - Climate Resilient Food Nutrition Security for Women Youth Smallholders Project (CREFONS)
Detail:
The overall cost of this initiative is estimated at USD 15 million. The Government of Mozambique is seeking USD 11 million from the African Development Bank Transition Support Facility (TSF Pillar I Prevention Envelope), which will compliment USD 4 million co-financed from KOICA and BMZ. WFP will provide in kind (office space, furniture, water, electricity, land, and some other physical needs)in the field. The Administrative cost will be USD678,261,08(6.0% of the total cost). The project will be implemented over 3 years period. The WFP does not have an upfront exemption from indirect taxes, including value-added tax (VAT) and other taxes levied on goods and services. For local purchases, WFP must initially pay all applicable taxes and subsequently request reimbursement from the Ministry of Finance. Furthermore, WFP is exempt from customs duties and restrictions on goods imported or exported for its official purposes, with the understanding that items imported duty-free will solely be used for WFP and its programs. Koica and BMZ funding project to WFP aims to enhance the food and nutrition security of vulnerable population of Cabo Delgado province through participatory tools contributing to HDP nexus. These priorities are embedded within the Government of Mozambique’s efforts for the reconstruction and stabilization of the Cabo Delgado province. The proposed project will increase food security and resilience through approaches that aim to address the humanitarian needs as well as development and peacebuilding challenges of vulnerable population with focus on returnees. The project will provide opportunities for youth to actively contribute to the stabilization of the target areas and create economic opportunities along the agricultural and fisheries value chains as well as by contributing to the restoration of local ecosystems while gaining tangible and quantifiable monetary and non-monetary benefits within a climate change adaptation framework. The intervention will contribute to economic development and promotion of peace in the region, thus reverting the current scenario of economic underdevelopment, high unemployment rates, unequal distribution of wealth and benefits from the region’s natural resources, which are often listed as key drivers of the conflict in the region. The project contributes to climate finance, with 5.09 million USD of the total approved amount dedicated to mitigation.
Country:
Source:
African Development Bank Group
Published Date:
29.10.2024
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