Rwanda Green fund has approved Rwf43.6 billion funding for public institutions' projects under Intego - Rwanda's NDC Facility to support the implementation of the country's Rwanda's climate action Plan, also known as Nationally Determined Contributions under the Paris Agreement.In February 2023, the Rwanda Green Fund launched a financing scheme to contribute to achieving the country's ambitious climate action goals.
Below are the approved investments that align with Rwanda's Climate action Plan's adaptation and mitigation priority areas namely landscape restoration and forestry, climate resilient infrastructure, wetland Rehabilitation, biodiversity conservation, renewable energy and energy efficiency.The Resilient Nyamagabe project, in landscape restoration and forestry, is a climate-smart initiative that was submitted by Nyamagabe District, an erosion-prone district in the Southern Province.
It will rehabilitate the Kanindura sub-catchment through increased tree and agroforestry cover, riverbank protection, erosion control, cleaner cooking solutions, and enhanced livelihood opportunities.Nyabahanga Sub-Catchment Rehabilitation project will enhance livelihoods by protecting the catchment against erosion, increased tree and agroforestry cover, river bank protection, promoting fish farming in Lake Kivu, and enhanced livelihood opportunities in Karongi District.