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
Sanlam Maroc takes a stake in Woliz, a local retail tech startup The deal marks Sanlam’s first long-term private equity venture in Morocco Investment...
Treasury securities issuance reached CFA5,272.8 billion from January to October Bond issues exceeded Treasury bills, signaling a shift to longer-term...
US strikes in Sokoto test Nigeria's financial stability, causing Eurobond yields to surge and investor risk premiums to rise sharply. The Naira...
Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs), enabling them to offer regulated capital markets...
Most Read
01

Kenya shipped its first mango consignment to the UK on December 20 The move is part of a pilo...

Kenya targets UK market to boost mango exports
02

Nomba brings Apple Pay to 300k Nigerian shops. Following Paystack, this "second row" move enables ...

Beyond Online Checkouts: Apple Pay Finds a Second Row into Nigeria via Nomba
03

The BCID-AES launches with 500B CFA to fund Sahel infrastructure, asserting sovereignty from the B...

AES Launches Confederal Investment Bank: A Strategic Pivot Toward Sahelian Financial Sovereignty
04

Kenya’s CMA licensed Safaricom and Airtel Money as Intermediary Service Platform Providers (ISPPs)...

Safaricom and Airtel Money Licensed to Facilitate Capital Markets Access in Kenya
05

In Africa, the transformation of food systems has become an urgent issue in the face of rapid popula...

AGRA’s Lilial Githinji “Leadership capacity remains the missing ingredient in Africa’s food systems transformation”
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.