DAR ES SALAAM, June 30 -- MANY banks in Tanzania continue to rely on outdated financial models, limiting their ability to support green investments, stakeholders warned at the Green Finance Forum.

The CEO Roundtable of Tanzania (CEOrt) Executive Director, Ms Santina Benson, said during the forum held in Dar es Salaam last week that despite the crucial role played by the financial sector, many banks still operate under conventional approaches.

“It is time we begin to think differently about how we access funds to effectively contribute to the fight against environmental challenges,” she said.

She said the global green financing landscape presents vast opportunities, yet Tanzania continues to access only a small portion despi...