Tanzanian green bonds draw global interest, backing

Dar es Salaam. The Global Centre for Adaptation is set to formalise partnerships under the African Adaptation Acceleration Program (AAAP) to provide technical support for $700 million green bonds issued by two Tanzanian commercial banks to finance climate adaptation.

This was announced by President Samia Suluhu Hassan during the Adaptation Finance Summit for Africa session at the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28) in Dubai.