TANZANIA Tanzania has seen substantial social and economic progress the past two decades. The government aims to continue this momentum to grow the economy, reduce poverty, create jobs, and increase exports. Climate change could set back Tanzania’s progress. By 2050, if no action is taken, climate change could: Push more people Reduce livestock into poverty—up to productivity by 2.6 million 11% Increase Tanzania’s net Double repair costs greenhouse gas for roads and bridges emissions by nearly by up to 130% $216 million * Lower labor Decrease montane productivity, such forests area by as that its share of much as climate-related economic losses is 64% 20–40% *US$ To enhance its proactive efforts to address climate change, Tanzania could: Enhance current climate action by: Readying vulnerable households through WASH, education, health services, and social protection Optimizing land and water management for climate smart agriculture and rural economies Prioritizing resilient and low-carbon transport, digital and energy systems Making urban areas resilient to floods/droughts, and supporting low-carbon development Strengthening coordination and involvement of people, local government, and sector ministries in addressing climate change Mobilize climate finance by: Increasing government funding for public goods and boosting public spending effectiveness Exploring carbon pricing and adopting best practices for carbon trading Stimulating development of innovative financing instruments—e.g., sustainability linked bonds Enacting public-private partnership regulation that encourages climate-informed investments Tackling currency risk and encouraging foreign direct investment in climate finance Involve the private sector in: Improving agriculture productivity with technology Introducing commercial and industrial solar energy Building resilient, low-carbon transport systems ... and much more THE TIME FOR STRONGER CLIMATE ACTION IS NOW. By 2050, investing Otherwise, in adaptation could inaction could cut climate-related lead to a reduction economic losses by of real GDP by 25% 4%