Tanzania: AfDB Backs Tadb On Climate Risk Management

Tanzania: AfDB Backs Tadb On Climate Risk Management

Dar es Salaam -- THE Tanzania Agricultural Development Bank (TADB) has taken a pioneering step in climate finance, becoming the first bank in the country to conduct full climate stress testing. The initiative follows a six-month technical assistance project supported by the African Development Bank (AfDB), the Global Center on Adaptation (GCA), and technical experts from Adelphi, aimed at strengthening TADB's internal systems for climate risk as…

TADB takes lead in tackling climate change impacts in Africa’s banking sector

Funded by the Africa Climate Change Fund (ACCF), these systems have been specifically designed to enable TADB to identify, assess, and mitigate the potential risks posed by climate change in the...