New Time Africa
Rwanda is calling on private investors and international partners to support its revised Green Growth and Climate Resilience Strategy (GGCRS), which aims to make the country a climate-resilient, low-carbon economy by 2050.
The revised strategy focuses on four main areas:
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Promoting green industries and trade
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Building eco-friendly cities
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Using land and natural resources wisely
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Supporting sustainable rural development
To put this plan into action, Rwanda needs around $2.2 billion each year. About $700 million will come from the government, while the rest is expected from private investors and global partners.
Speaking during a high-level meeting in Kigali, experts said that private investment is key to success. They highlighted that the government is working on specific projects designed to attract investors and make it easier for the private sector to get involved.
The Rwanda Green Fund (FONERWA) and Ireme Invest will play big roles in finding funding and connecting investors with green projects.
With this strategy, Rwanda shows strong commitment to fighting climate change while creating jobs and growing the economy in a sustainable way.