ABSTRACT

This study explores financial models for sustainable construction in Tanzania by examining relevant literature and insights from South Africa, Kenya, Rwanda, Morocco, and Egypt. Tanzania faces challenges in mobilizing green finance due to institutional gaps, limited private sector involvement, and regulatory inefficiencies. Through a review of 45 scholarly and policy sources, key financing mechanisms are identified, including public funding, private investment, public-private partnerships, donor funding, and community-based finance. Successful models from other countries include South Africa's green bonds, Kenya's blended finance, Rwanda's centralized Green Fund, Morocco's climate-aligned construction, and Egypt's policy reforms with sovereign green bonds. The study recommends that Tanzania implement a hybrid finance model supported by a centralized green finance facility to improve coordination, attract private capital, mitigate risks, and enhance inclusivity, ultimately fostering sustainable construction and long-term environmental and economic benefits.