Rwanda pitches green industry investment at COP31 in Antalya
Prime Minister Dr Justin Nsengiyumva told the Antalya summit that green industrialisation can cut emissions while lifting growth and jobs.
At COP31 on Wednesday evening, Prime Minister Dr Justin Nsengiyumva argued that green industrialisation gives Rwanda a way to fight climate change while speeding up its economic transformation. He made the case at a high-level dialogue titled "Seizing the Green Industrial Opportunity: Investment, Jobs and Growth for Every Economy", delivering his remarks on behalf of President Paul Kagame.
To illustrate the point, Nsengiyumva cited a national programme that saves more than 30,000 tonnes of carbon dioxide emissions a year, the equivalent of taking about 6,500 cars off the road. He told development partners and financial institutions that practical partnerships sharing investment risks should replace pledges that go no further.
Rwanda's delegation to COP31 includes Environment Minister Bernadette Arakwiye, envoy Lt Gen Rtd Charles Kayonga and Teddy Mugabo, chief executive of the Rwanda Green Fund.
Why it mattersDevelopment partners and financial institutions are being asked to share investment risks in Rwanda's green industries.