Information for 17225IIED
Zanzibar planning and financing systems for climate change initiatives
Briefing, 4 pages
Zanzibar is in the process of setting up a climate change financing
mechanism; it has no existing finance allocations, economic and financial instruments or finance planning system targeted at climate change. The country absorbs around US$500,000 in climate financing per year, while demand exceeds US$2 million each year. The current lack of institutional arrangements and planning systems means the approach to climate change financing is project by project and fragmented. To set Zanzibar on a green economy development pathway we recommend the government allocates
specific resources to climate change priority activities, diversifies its sources of finance and creates the necessary institutional arrangements and financial planning systems. This would enable the country to absorb and disburse more climate finance.
An international network of government planners is sharing strategies on how to mainstream climate change into development planning.
More at www.iied.org:
Government group network on climate change mainstreaming