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Financing Climate-Resilient Growth in Tanzania

EMISSION SCENARIOS FLOODING CLIMATE_CHANGE ALTITUDE ECONOMIC GROWTH ENVIRONMENTAL PROTECTION TEMPERATURE FOSSIL FUELS ADVERSE IMPACTS TOPOGRAPHY FORESTRY SECTOR CARBON DAMS FOREST CONSERVATION CONVERGENCE DRY SEASONS MONITORING EMISSIONS CARBON MARKETS MARINE RESOURCES RAINFALL EVENTS ATMOSPHERE COASTAL ZONE GAS CARBON ENERGY TECHNOLOGIES QUALITY EMISSION REDUCTIONS GREENHOUSE GAS TRANSPORTATION INFRASTRUCTURE STREAM ANNUAL PRECIPITATION POWER SOURCES GENERATION CAPACITY WILDLIFE COASTAL ZONES ENERGY SOURCES LAND AREAS BASINS FLOODS CAPACITY GHG GRANT AWARDS CONVENTION ON CLIMATE CHANGE LOAD SHEDDING RAINFALL DRAINAGE LAND DEGRADATION FORESTRY INDICATORS CASE STUDIES PEAT PRECIPITATION CARBON FINANCE FUELS CROPS COASTAL AREAS EMISSIONS REDUCTION CLIMATE SENSITIVITY LAND USE FOREST CARBON EMISSION GREENHOUSE ECOSYSTEM LEAD STUDIES CLIMATE CHANGE IPCC DROUGHT CARBON CREDITS DRAINAGE BASINS COASTAL WETLANDS ELECTRICITY ITCZ DEFORESTATION CLIMATE GEOGRAPHICAL AREAS FORESTS FOREST INVESTMENT PUBLIC AWARENESS LAND AREA COLORS CLIMATE SYSTEM FOSSIL FUEL AGRICULTURE FOREST HIGHLANDS CARBON ENERGY FORESTRY PROJECTS FOOD GLOBAL CLIMATE CHANGE ISLANDS WEATHER PATTERNS ADMINISTRATION GEOGRAPHIC AREAS FISHERIES NATURAL GAS LAND ECOSYSTEMS ANALYSIS COAST EMISSIONS FROM DEFORESTATION MITIGATION DRY PERIODS CONSERVATION COAL SEAWEED ECOLOGY RAIN SOILS LOW-CARBON CLIMATIC ZONES GCM AGREEMENT GLOBAL ENVIRONMENT FACILITY RENEWABLE ENERGY CARBON TAX EVAPORATION CLIMATIC VARIABILITY WETLANDS FRAMEWORK CONVENTION ON CLIMATE CHANGE IMPLEMENTATION LAND MANAGEMENT ENERGY RIVER MIST
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World Bank, Washington, DC
Africa | Tanzania
2015-12-09T15:26:37Z | 2015-12-09T15:26:37Z | 2015-09

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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