Tanzania has been named as the second beneficiary, after Madagascar, of a joint initiative launched by the World Bank and International Monetary Fund (IMF) to support efforts to address climate change.
The two Bretton Woods institutions said on October 10 that Tanzania's inclusion in their Enhanced Cooperation Framework for Climate Action was based on an IMF Resilience and Sustainability Facility (RSF) arrangement for the country that was approved in June and the World Bank’s ongoing engagement with Dodoma on climate action programmes.