Tanzania sets aside $157mn for climate change mitigation

In Tanzania, extreme climate events frequently result in economic losses that exceed 1% of the country's GDP now unthreatened the majority of livelihoods because of their high dependence on natural resources. The government of Tanzania has set aside about $157 million in the 2021-2022 financial year for reducing effects of climate change, including mitigation and adaptation. John Banga Nakei, Cluster and Partnership Manager at Southern Agriculture Growth Corridor of Tanzania, joined CNBC Africa to discuss the significance of this allocation and the challenges faced in combating climate change in the country. When questioned about the adequacy of the $157 million fund, Nakei likened it to a 'drop in the ocean' considering the size of Tanzania and the severe impacts of climate change currently experienced. However, he emphasized that the amount plays a crucial role in raising awareness among stakeholders about the urgent need to work together to address climate change effectively. Despite being a developing country, Tanzania has been focusing on climate change for some time now. Nakei highlighted the ongoing efforts to establish systems, structures, and awareness campaigns to engage various stakeholders in collaborative action. One key area of focus is agriculture, the main economic activity for many Tanzanians, which is heavily impacted by climate change. The government, private sector, and civil society organizations are working together to develop community capacity and implement strategies to minimize the effects of climate change across the country. Nakei also addressed the challenge of balancing economic development, industrialization, and climate change mitigation in Tanzania. He stressed the importance of considering the interconnected nature of these factors, as economic growth cannot be sustainable without addressing climate change impacts and ensuring the well-being of communities affected by environmental changes. As Tanzania pursues industrialization, policymakers are emphasizing the need for sustainable practices, technology adoption, and resource management to minimize the adverse effects of climate change. Decision-makers are actively discussing livelihood improvements, climate change mitigation measures, and technological advancements to enhance production efficiency while preserving natural resources and combating climate change. The conversation around the delicate balance between economic growth and environmental sustainability continues to shape Tanzania's approach to climate change mitigation and adaptation.