The Rwandan government and Germany’s Development Bank signed a new agreement on Wednesday for a €20.97 million (equivalent to 30 billion Rwandan Francs) grant. This funding aims to support climate change initiatives in cities such as Rwamagana, Rusizi, Nyagatare, Muhanga, and Huye.
Rwanda has set an ambitious target to reduce greenhouse gas emissions by 38% by 2030. To achieve this goal, the country plans to invest $11 billion in climate change mitigation and environmental protection projects. At the COP29 climate summit in November 2024, Rwanda showcased its progress and ongoing efforts to attract investment, highlighting initiatives such as its carbon market program.
Minister Yusuf Murangwa emphasized that the new funding will help protect vulnerable urban areas from climate change impacts, like flooding and land degradation. The money will be used to improve infrastructure and create jobs, benefiting local communities.
Ambassador Dettmann praised Rwanda’s dedication to fighting climate change, noting that the partnership between the two countries is vital for sustainable development. The total value of agreements between Rwanda and Germany now exceeds 260 million Euros.
REMA (Rwanda Environment Management Authority) Director General Juliet Kabera said this new funding would help fill gaps in Rwanda’s climate adaptation efforts. She is confident that by 2030, Rwanda will have secured the necessary funding to meet its climate goals. Currently, the government allocates 10% of its budget to environmental protection and climate change initiatives.
This continued partnership between Rwanda and Germany shows their shared commitment to sustainable development and climate action, making Rwanda a leader in environmental conservation in the region.
