The Economics of Climate Change in the United Republic of Tanzania (Watkiss, P. / Downing, T. / Dyszynski, J. / Pye, S.)

Tanzania’s economy is very dependent on the climate, because a large proportion of GDP is associated with climate sensitive activities, particularly agriculture. Current climate variability, i.e. extreme events such as droughts and floods, already lead to major economic costs in Tanzania. Future climate change could lead to large economic costs. There are potential threats from climate change to coastal zones (sea-level rise), health, energy supply and demand, infrastructure, water resources, agriculture and ecosystem services, with potentially high impacts and economic costs across these sectors. Adaptation can reduce the impacts of climate change but it has a cost. Significant funding is required to address the existing adaptation deficit, as well as to prepare for future climate change. The study has considered potential priorities to advance adaptation. Accessing adaptation funds will require the development of effective policy, institutions and mechanisms.

Weblink: http://economics-of-cc-in-tanzania.org/

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