Tanzania stands to receive up to 20 million dollars through the Loss and Damage Fund for climate change mitigation initiatives, according to Presidential Advisor on Environment Richard Muyungi. He informed Tanzanian delegates attending the UN Climate Change Conference in Belem that authorities have earmarked 250 million dollars globally for qualifying nations, with the East African country prioritized for potentially two substantial projects funded through grants rather than loans.
Muyungi announced that Tanzania will host the Santiago Network Centre to coordinate technical assistance for countries experiencing climate-related losses. He encouraged approximately 60,000 conference participants to pursue networking opportunities with financial institutions and nongovernmental organizations.
Deputy Permanent Secretary Peter Msoffe from the Vice-President's Office pledged commitment to pursuing available funding mechanisms, while Finance Ministry Deputy Permanent Secretary Amina Khamis Shaaban emphasized stakeholder collaboration to advance national development objectives through approved environmental projects.
Muyungi announced that Tanzania will host the Santiago Network Centre to coordinate technical assistance for countries experiencing climate-related losses. He encouraged approximately 60,000 conference participants to pursue networking opportunities with financial institutions and nongovernmental organizations.
Deputy Permanent Secretary Peter Msoffe from the Vice-President's Office pledged commitment to pursuing available funding mechanisms, while Finance Ministry Deputy Permanent Secretary Amina Khamis Shaaban emphasized stakeholder collaboration to advance national development objectives through approved environmental projects.
