Tanzania is seeking to turn growing international interest in climate finance and clean energy into concrete private-sector investments that can support sustainable development and expand the country’s green economy.
The push was highlighted during a meeting between Deputy Minister for Finance Mshamu Ali Munde and Tanzania’s Permanent Representative to the United Nations in New York, Ambassador Togolani Mavura, following a high-level meeting on private climate finance in New York, United States.
The forum, organised by the World Economic Forum (WEF) as part of the 2026 Sustainable Development Impact Meetings (SDIM26), brought together stakeholders to discuss ways of mobilising private capital for climate action and sustainable development.
During the meeting, Ambassador Mavura briefed Mr Munde on the outcomes of Tanzania’s participation, including opportunities for international private-sector investment earmarked for climate interventions and clean-energy projects.
He said Tanzania had used the platform to present its priorities and strengthen efforts to attract private capital for sustainable projects that can protect the environment while supporting economic growth.
Mr Munde commended Ambassador Mavura and his diplomatic team for promoting Tanzania’s interests on international platforms.
He said the government was committed to advancing economic and environmental diplomacy and stressed the need to translate the opportunities identified at the forum into practical programmes.
“The outcomes of the meeting should be turned into concrete action plans and linked with domestic sectors so that the opportunities can reach citizens quickly,” he said.
The Deputy Minister also directed the Ministry of Finance to maintain close cooperation with Tanzania’s Permanent Mission to the UN in New York to ensure potential investors attracted through such engagements receive proper coordination and support when entering the Tanzanian market.
The move comes as countries increasingly seek to mobilise private investment to complement public financing for climate action, renewable energy and other sustainable development projects.
For Tanzania, the focus on private climate finance provides an avenue to connect international investors with domestic priorities while supporting environmental protection and economic growth.