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
After several delays, the Association of African Petroleum Producers (APPO) has set a new deadline to make the African Energy Bank operational. A summit...
Deal would cut debt, fund Congo Basin forest conservation Talks ongoing with European partners; timeline not yet set After raising $670...
MTN Nigeria, Ericsson test triple-band MIMO, boost 4G speeds Trial shows 3.2x download, 4x upload speed improvement Technology streamlines 4G, readies...
The issuance confirms the renewed attractiveness of Abuja's economy to investors, despite geopolitical tensions and the naira's volatility. This market...
Most Read
01

The Bank expects a 41% rise in 2025 and a further 6% increase in 2026. Gold topped $4,00...

World Bank sees precious metal prices staying high until 2027
02

Social media users accuse the UAE of backing Sudan’s RSF militia. Activists and celebrities c...

UAE faces backlash over alleged role in Sudan’s gold and arms trade
03

Tunisia to launch first fully digital hospital as part of health reform. Project includes AI diag...

Tunisia to Build First Fully Digital Hospital in National Health Overhaul
04

Lukoil to sell all international assets to Gunvor amid U.S. sanctions Sale includes key oil stake...

Lukoil Agrees to Sell International Assets, African Included, to Swiss Commodities Trader Gunvor
05

With COP30 approaching, the International Renewable Energy Agency is calling for a global goal: to q...

With Costs High, IRENA Urges Global Pact to Quadruple Sustainable Fuel Production
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.