- +255(0) 754 763 558
- info@climatefinance.co.tz
-
Rungwe, Mbeya, Tanzania
Eng
简体中文
العربيّة
Africa Climate Finance participates in global climate forums and UN climate summits (COP). Our engagements at these negotiations shape policy dialogue, advance climate finance mechanisms, and strengthen partnerships with international funds and development institutions.
COP30 Brazil — Belém 2025
A Financial Mandate for the Green Decade
This global summit confirmed a profound shift, establishing explicit, massive financial targets that define the next decade of green investment and create an unprecedented mandate for the financial sector. Leading African financial institutions were well represented, showcasing their commitment to the global climate agenda.
The key outcomes include:
- Baku-to-Belém Roadmap: Aims to unlock at least $1.3 Trillion annually in climate finance for developing nations by 2035.
- Tripling adaptation finance — a new political signal to at least triple adaptation finance in the same period, representing an estimated scale nearing $120 billion annually for resilience measures.
These figures underscore the transition of climate action from a passive risk concern to a primary investment strategy for the financial sector, offering both systematic risk mitigation and major, high-growth opportunities across global markets.
Key Insights
- Climate finance shifting from risk mitigation to primary investment strategy
- African private sector increasingly driving climate resilience investments
- Collaboration between development banks and commercial institutions expanding
- Unprecedented scale of green investment targets for developing nations
The Dialogue on Climate Adaptation in Africa at COP30
Transformative approaches for adaptation planning in Africa: Experiences and Lessons
Kenneth Kasigila participated at COP30 in Belém, Brazil, in the high-level panel hosted by the Global Center on Adaptation (GCA) and CGIAR at the Food & Agriculture Pavilion (PV-E170, Blue Zone) on Tuesday, 11th November 2025. The session demonstrated how the African private sector is actively embedding climate resilience into its core strategy—moving beyond planning to accelerate tangible investments that safeguard food security and protect livelihoods across the continent.
Session Details
- Session: Transformative approaches for adaptation planning in Africa: Experiences and Lessons
- Date: 11 November 2025
- Time: 14:00–15:00 -03
- Location: Pavilion PV-E170, Blue Zone, Belém, Brazil (Food & Agriculture Pavilion)
- Participants: Kenneth Kasigila, Anju Sharma, Kelvin Shikuku, Bernard Kimoro, Oluyede Ajayi
LinkedIn — Session details · Additional context
On Green Taxonomy and Tanzania
The participation in the COP30 discussion highlighted the operational difficulties of creating green products when a national taxonomy is missing. This requires issuers to undertake the complex and resource-intensive task of building an unwritten, self-imposed green taxonomy by blending various international market principles. This fragmented approach underscores the critical need for Tanzania to transition to a harmonized national standard. Tanzania is on track to develop its own taxonomy—a vital step toward unlocking green capital efficiently.
Key Insights
- African private sector increasingly driving climate resilience investments
- National taxonomies critical for green product development
- Food security and livelihoods central to adaptation planning
- Tanzania advancing its own sustainable finance taxonomy
COP29 Azerbaijan — Baku 2024
Finance Day at the Tanzania Pavilion
At COP29, our team participated in side events hosted by the COP29 Presidency at the Tanzania Pavilion in Baku, Azerbaijan, specifically on Finance Day. This event took place as part of the Ministerial Meeting agenda of the Coalition of Finance Ministers for Climate Action, held on November 14, 2024.
Our focus was on the best practices and challenges associated with allocating and mobilizing financing for the implementation of Nationally Determined Contributions (NDCs). Kenneth Kasigila shared achievements from collaboration with MUFG Bank, as detailed in the Green Climate Fund projects FP223 (total project value US$1.5b) and FP179 (total project value US$200m), plus insights on ESG strategy pursued alongside colleagues and stakeholders.
The discussions aimed to identify effective practices for coordinating diverse stakeholders and resources while ensuring alignment with strategic climate and development priorities. The insights gained inform the COP29 Action Agenda and support ongoing discussions as we move toward COP30.
Event Details
- Event: Ministerial Meeting — Coalition of Finance Ministers for Climate Action
- Date: 14 November 2024 (Finance Day)
- Location: Tanzania Pavilion, Baku, Azerbaijan
- Focus: Allocating and mobilizing NDC financing
Key Insights
- Coordination of diverse stakeholders critical for NDC implementation
- Blended finance models (GCF, MUFG) demonstrating scalable impact
- ESG integration advancing across African financial institutions
- Finance Day discussions informing COP29 Action Agenda
Engaging with Academia's Institutions @ LSE
Africa Climate Finance engages with leading academic institutions such as the London School of Economics (LSE) to bridge climate finance theory and practice. Sessions like "I am a Banker, and also an Avocado Farmer!" demonstrate how finance professionals are embedding climate-smart agriculture into their work—connecting high-level policy with on-the-ground impact.
Our Presence at Global Forums
From COP29 and the Nest Climate Campus to FAO, UNCCD, CGAP, and regional dialogues—our team participates in climate and development forums worldwide.
