Public Management

Rwanda unveils revised green growth strategy

Rwanda unveils revised green growth strategy
Tuesday, 06 June 2023 17:17

Rwanda is committed to becoming a green economy and reducing its emissions by 38% by 2030. Faced with the continuing impact of climate change, the government has revised its resilience strategy to provide more efficient responses.

The Rwandan government has launched its revised green growth strategy to achieve a more climate-resilient economy, the Ministry of the Environment announced, Monday. 

The strategy was revised in partnership with the United Nations Development Program (UNDP). It is in line with "Vision 2050," the country’s long-term development strategy, and aims to seamlessly guide the implementation of the national climate policy across all sectors of the economy and facilitate access to international climate financing and investment.

The strategy aims to guarantee access to low-carbon energy and green services, promote the sustainable management of land and water resources, social protection, improve health and reduce disaster risks.

Its implementation will require an average of $2 billion investment yearly. $700 million will come from the government and the remaining is expected from external sources, thanks to mobilization efforts led by the Ministry of Finance and the Rwanda Green Fund, climate funds, the private sector, and innovative financing mechanisms. 

"This strategy represents our unwavering commitment to addressing climate change and building a resilient and low carbon economy. By aligning our national goals with global priorities, we are taking proactive steps to achieve our ambitious climate action targets," said Jeanne d'Arc Mujawamariya, Minister of the Environment.

In 2011, the East African country adopted a groundbreaking Green Growth and Climate Resilience Strategy (GGCRS) intending to become a developed, climate-resilient, low-carbon economy by 2050. In the short term, Rwanda is committed to becoming a green economy and reducing its emissions by 38% by 2030.

Charlène N’dimon (intern)

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
African companies raised about $220 billion in equity on local stock markets over the past 25 years Equity market capitalization rose...
WAEMU foreign exchange reserves rose to about $33 billion by end-October 2025. Import cover increased to six months from 3.8 months in...
CardinalStone Capital Advisers plans to raise $120 million for its second SME-focused fund in West Africa. The International Finance...
CBK rates' cuts to 9.0%, is ending the 'rentier' era. Banks must now pivot from risk-free state bonds to private lending as inflation...
Most Read
01

Omer-Decugis & Cie acquired 100% of Côte d’Ivoire–based Vergers du Bandama. Vergers du Band...

Omer-Decugis & Cie Expands Mango Operations in West Africa
02

AI-backed agri-fintech is increasingly being used to pilot new rural credit models in Africa, where ...

From Mobile Data to Farm Loans: How AI Is Expanding Rural Credit in Africa
03

This week’s health update shows Africa edging closer to the end of the mpox public health emergency,...

Weekly Health Update | Africa Steps Up Essential Medicines Strategy, Despite Outbreaks, Funding Gaps
04

Investment bank BCID-AES established  in Bamako Bank aims to fund infrastructure, agricultur...

Sahel Alliance Establishes Investment Bank, Key Financing Decisions Pending
05

Standard Bank extended a USD 138 million facility to STEP, acting as sole arranger and advisor to ...

$138 Million Standard Bank Facility to Power Safaricom's Ethiopia Business Expansion
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72


EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.