Rwanda, a small, densely populated East African country with low GDP and GDP per capita, has a low-carbon energy mix. However, the country is particularly vulnerable to the effects of climate change.
In December 2022, Rwanda became the first African country to access the IMF’s Resilience and Sustainability Facility (RSF). Amounting to USD 319 million, this financing is backed by a matrix of reforms that sequence disbursements.
The RSF also aims to play a catalytic role, by attracting more financing towards Rwanda’s climate objectives and enabling climate change risks to be better taken into account and managed.
Source link : https://www.afd.fr/en/carte-des-projets/supporting-rwandas-climate-trajectory-encouraging-public-and-private-climate-finance-flows
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Publish date : 2024-03-06 18:58:31
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