Climate Finance

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Policy and climate Finance Institutions

As the Paris Agreement is catching up, there is a strong hope that policies and institutions for climate finance in different countries frameworks, could take advantage of the momentum to represent a turning point in national and global fight against climate change. This could be possible in Tanzania and other developing countries, if there are transformation efforts and clear institutions on this topic. Among other things, the mechanisms and institutions should embrace a low-carbon and climate-resilient global economy in order to support the implementation of the climate actions already proposed by parties, and those prioritized by countries. We are taking up effective actions to ensure that public finance institutions are strengthened and decentralized, contributions by government and intermediaries benefits the target groups, as well as the Public actors to increasingly recognize the benefits of climate finance using institutional climate action for achieving different goals in the country.

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Climate Finance Needs

The longer term trend shows that funding climate change response actions and commitments has grown notably, and will continue growing in different countries and communities. Countries will need funds to drive the shift towards low-carbon development and 100% renewable energy for climate-resilient growth, and in the NDCs implementations. Also, available projects are to be up scaled and pilot initiative will need full interventions. Al these calls for more climate finance allocations for accomplishment. Yet, current efforts need to continue and must expand their geographic spread and sector prioritization as in some areas the impacts are becoming intense, the adaptive capacities and institutional arrangements are weakened in such a way that the pre-set plans and strategies will not be realized. To this end, we will apply our level best to advocate with evidence that, implementation of all initiatives counts in bases of the agreements to strengthen trust and international cooperation for more climate finance flows. Also, insist on proper measurement, tracking, and reporting system as a building block to ensure finance is accessed and efficiently used, taking into account the targeted population and those who need it the most.

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Climate Finance access

How can Tanzania like other developing countries access international funding to help respond to climate change? This is one of the most important questions that has been debated at the country level, and off course in the global climate change negotiations. Operating in among the world’s poor and vulnerable countries, we will contribute on answering that question by emphasizing on possible ways that justify our countries need of funding beyond domestic means to adapt, and cope with sea level rise, extreme weather events, and other adverse impacts of climate change. This should be on progress at the same time, striving to emerge from poverty without creating too many new greenhouse gases and keeping emissions on a trajectory consistent with limiting warming below the internationally agreed 2°C target.

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  Within my work with CAN TZ, I was given the incredible chance to join our team going to COP 24 in Katowice Poland. Despite being very excited I was eager to see how such big conferences really works and if it was somewhat close to the images I had in my mind. Well, itRead More…

This review is associated with the review of local governments’ (Three Districts and Villages) periodic plans and strategies and looking their alignment with the national documents for renewable energy, climate resilience and poverty reduction.

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