Climate Action Agenda
CEOrt is committed to contributing to the country's Climate Agenda by engaging its members in three core areas: Sustainable Finance, Access to the Market, and Business Performance. CEOrt’s vision under the climate agenda is that 30% of CEOrt members have started the journey to carbon neutrality by 2030.
The current cost of building adaptive capacity and enhancing climate-resilience measures in Tanzania is estimated to be USD 150 million per year. Achieving a green transition demands collaboration between policymakers and stakeholders to drive policies that empower businesses and communities to move beyond business-as-usual practices. This study aims to enhance existing knowledge on the green transition for businesses, offering actionable recommendations to unlock new opportunities and drive sustainable growth.
Over 1 million species are at risk of extinction by climate change. With the increasing urgency of the climate change agenda, we recognize the opportunity for business leaders to take the lead in driving responsible climate action. We explored this in detail at our recent members’ engagement with keynote speaker H. E. David Concar, British High Commissioner.
Exploring Business Opportunities Presented by Climate Change
The scientific evidence on climate tipping points has become too risky to bet against as the growing threat of irreversible climate change creates a compelling story for political and economic action on emissions. The Government of Tanzania has also committed to targeting 30-40% carbon reduction by 2030. So, what is the role of the private sector here? In decarbonizing our economies, there is definitely an opportunity for business leaders to drive the climate change agenda by prioritizing environmental impacts. Recycle signs and garbage bins will not cut it – low-carbon transition creates opportunities for efficiency, innovation, and growth in business. Tanzania already has amazing natural assets, offering new opportunities for businesses to seize.