• Home
  • About Us
  • Contact Us
Saturday, September 19, 2026
  • Login
No Result
View All Result
Rwanda Dispatch
Magazine
  • Home
  • Business
  • Politics
  • National
  • Economy
  • Social
  • Opinions
  • Sport
  • E-dition
  • Entertainment
  • Home
  • Business
  • Politics
  • National
  • Economy
  • Social
  • Opinions
  • Sport
  • E-dition
  • Entertainment
No Result
View All Result
Rwanda Dispatch
No Result
View All Result
Home Environment Climate Change

Rwanda seeks African unity as it faces $7 billion climate finance gap

by Editor
18 September 2026
in Climate Change
0
Rwanda seeks African unity as it faces $7 billion climate finance gap
Share on FacebookShare on TwitterWhatsapp
PDF Button

Rwanda is seeking a common African position on climate action as it works to raise $7 billion still needed to finance its climate programme through 2035.

Environment Minister Bernadette Arakwiye said a declaration already endorsed by the African Group of Negotiators is intended to bring countries closer together on priorities affecting developing nations.

“We want to see more alignment on what it is that we are going to focus on moving forward,” Arakwiye said.

Rwanda estimates that implementing its climate measures through 2035 will cost about $12 billion. Rwanda Green Fund chief executive Teddy Mugabo said about $5 billion has so far been mobilised, leaving $7 billion to raise.

“We have mobilised $5 billion to invest in climate action projects, and we are now looking for another $7 billion,” Mugabo said.

He said the remaining money would require Rwanda to widen its financing base as international climate finance changes. The Green Fund is also looking at domestic investors, the securities market and other financial instruments.

For Rwanda, adaptation is a particular concern because of its exposure to climate-related disasters. Arakwiye cited the 2023 floods and landslides, saying the country had to mobilise about $400 million to respond.

“When you come in too late, you spend much more trying to recover from the losses,” she said, adding that adaptation would be high on Rwanda’s agenda.

The minister said Rwanda wants the upcoming international meetings to produce practical measures rather than commitments that are not implemented.

“These are not just events. We are not talking about events for the sake of the events,” she said.

Rwanda will host the 38th Meeting of the Parties to the Montreal Protocol, or MOP38, in Kigali from Nov. 2 to 6, 10 years after countries adopted the Kigali Amendment in the city.

The amendment calls for the gradual reduction of hydrofluorocarbons, or HFCs, gases widely used in refrigeration and air-conditioning. Its full implementation could avoid up to 0.5°C of global warming by the end of the century.

Rwanda will also host the Carbon Markets Africa Summit from Oct. 13 to 15 and participate in CBD COP17 in Armenia and COP31 in Türkiye.

Arakwiye said Rwanda also wants young negotiators to contribute to African positions in international discussions, while pushing for action on adaptation, waste management and other environmental priorities.

Related Posts:

  • Ambassador Khaled
    One-On-One with HE Khalid Musa Dafalla, Ambassador…
  • Geothermal_Rwanda_Photo1
    Geothermal schemes boost powers Rwanda's carbon…
  • Weather Station
    Rwanda opens first upper-air weather station to…
  • Amayaaga launch
    Green Amayaga II launches with $20 million to boost…
  • Rwanda REG
    Rwanda’s Energy Transition: New Tariffs, Clean…
  • Rising Fertilizer Costs Test Rwanda's Food Security Strategy Despite Bigger Subsidies
    Rising Fertilizer Costs Test Rwanda's Food Security…
Editor

Editor

Next Post
Nuclear technology moves beyond power plans in Rwanda

Nuclear technology moves beyond power plans in Rwanda

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Search

No Result
View All Result

e-Dispatch

e-Dispatch

Click here to download this magazine

Mount Meru Gas

Organic Beer

archives

September 2026
M T W T F S S
 123456
78910111213
14151617181920
21222324252627
282930  
« Aug    

Dispatch Agency Ltd is a local media institution based in Kigali with various media related products premiered with The Dispatch News Magazine.

  • Home
  • About Us
  • Contact Us

© 2023 Rwanda Dispatch .

No Result
View All Result
  • Home
  • Business
  • Politics
  • National
  • Economy
  • Social
  • Opinions
  • Sport
  • E-dition
  • Entertainment

© 2023 Rwanda Dispatch .

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In