Tanzania eyes new funding to protect conservation gains
Tanzania is seeking $41 million in environmental funding through the GEF-9 cycle to support biodiversity, climate resilience, and land restoration. The initiative aims to build on the country's success in forest tourism and sustainable economic development.
Why it matters
Securing international environmental financing is essential for developing nations to balance economic growth with the protection of critical natural resources.
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TANZANIA is seeking up to $41 million in environmental financing to strengthen biodiversity conservation, climate resilience and land restoration, as the country looks to build on gains that have helped transform forest tourism into a growing attraction.
The proposed funding under the 9th replenishment cycle of the Global Environment Facility (GEF-9) could support interventions to protect natural resources while promoting sustainable development, with forest tourism offering an example of the economic opportunities conservation can create.
Speaking during the national GEF-9 dialogue in Dar es Salaam yesterday, deputy permanent secretary in the Vice-President’s Office responsible for Environment, Dr Maduhu Kazi, said Tanzania had an initial allocation of $16.04 million, equivalent to approximately 45.6bn/-.
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