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Bibliothèque Financing Climate-Resilient Growth in Tanzania

Financing Climate-Resilient Growth in Tanzania

Financing Climate-Resilient Growth in Tanzania

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Date of publication
Décembre 2015
Resource Language
ISBN / Resource ID
oai:openknowledge.worldbank.org:10986/23251

Climate change is a core development
challenge in Tanzania, and the potential costs of inaction
are significant. Current climate variability (including
extreme events such as droughts and floods), already leads
to major economic costs in mainland Tanzania and in
Zanzibar. Individual annual events have economic costs in
excess of 1 percent of GDP, and occur regularly, reducing
long-term growth and affecting millions of people and
livelihoods. Future climate change could lead to large
economic costs, equivalent to a further 1 to 2 percent of
GDP per year by 2030. Given this context, there is a clear
need for strong and sustained effort by the government to
help establish a growth pathway for the country that is
resilient to climate variability and able to adapt to future
change, as well as help Tanzania take advantage of external
and domestic finance opportunities for sustained action on
climate risks. This policy note responds to a request by the
United Republic of Tanzania for technical assistance on next
steps for implementing the National Climate Change Strategy
(NCCS) and Zanzibar Climate Change Strategy (ZCCS). With
strategies in hand, both mainland Tanzania and Zanzibar are
at a crossroads where strategic actions have been
identified, yet not yet supported with resources or adequate
frameworks for implementation. Development partners are
active in financing and supporting climate change activities
in general, but more than one year after its adoption, a
unified approach in support of the NCCS has yet to
materialize. Tanzania has requested guidance for mobilizing
additional funds, using funding sources more strategically,
and delivering results on the ground.

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