Monday, November 24, 2014
Tanzania needs over $1 billion for climate change
East African Business Week: The government has established that it needs massive financial support to the tune of over $1 billion annually by 2030 coupled with technological support to address climate change adaptation, a feature also approved by the Tanzania technological needs assessment 2010.
The technological support includes concrete actions on adaptation consistent with the NCSS commitment by the international community both through the convention process and bilateral engagement to support national efforts for climate resilient economic growth.
Richard Muyungi of the Vice President’s Office United Republic of Tanzania said last week that about 8% of the land area of Dar es Salaam 140,000 people and economic assets worth more than $170 million are below the 10m contour line in potentially vulnerable areas, with 31,000 people considered at risk.
“By 2030, without adaptation, this will increase to more than 100,000 people and over $400 million assets and rise further in later years. We are worried because large proportion of GDP is associated with climate sensitive sectors, particularly agriculture whereas rainfall decreases by up to 15% and there is no adaptation average maize yields could decrease by up to 16% by 2030 a loss of around 1 million tonnes a year and 25 - 35% by 2050 equivalent to 2 to 2.7 million tonnes per year,” Muyungi affirmed...
A 2011 flood in Dar es Salaam, shot by Muddyb Blast Producer at Swahili Wikipedia, Wikimedia Commons, under the Creative Commons 3.0 license
The technological support includes concrete actions on adaptation consistent with the NCSS commitment by the international community both through the convention process and bilateral engagement to support national efforts for climate resilient economic growth.
Richard Muyungi of the Vice President’s Office United Republic of Tanzania said last week that about 8% of the land area of Dar es Salaam 140,000 people and economic assets worth more than $170 million are below the 10m contour line in potentially vulnerable areas, with 31,000 people considered at risk.
“By 2030, without adaptation, this will increase to more than 100,000 people and over $400 million assets and rise further in later years. We are worried because large proportion of GDP is associated with climate sensitive sectors, particularly agriculture whereas rainfall decreases by up to 15% and there is no adaptation average maize yields could decrease by up to 16% by 2030 a loss of around 1 million tonnes a year and 25 - 35% by 2050 equivalent to 2 to 2.7 million tonnes per year,” Muyungi affirmed...
A 2011 flood in Dar es Salaam, shot by Muddyb Blast Producer at Swahili Wikipedia, Wikimedia Commons, under the Creative Commons 3.0 license
Labels:
aid,
climate change adaptation,
economics,
Tanzania
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