{International experts from across Asia (Bangladesh & Indonesia), Africa (Kenya, Rwanda, Mozambique & Ethiopia), Latin America (Peru & Colombia) and the Caribbean convene in Kigali from 22–24 July 2015 for a South-South learning exchange on financing climate compatible development. More than 50 countries are establishing national funds dedicated to coordinating and mobilising climate finance.}
The three day meeting will provide Rwanda with the chance to share its success in establishing the National Fund for the Environment and Climate Change (FONERWA), which is the largest in Africa.
Organised by the Climate and Development Knowledge Network (CDKN) in collaboration with Rwanda’s Environment Management Authority (REMA), the workshop will discuss challenges and opportunities related to long-term finance for low emission and climate resilient development. Participants at the meeting will also share experiences of how national governments mobilise, manage and use resources including climate finance to implement climate change plans and policies.
Speaking at the opening of the workshop, the Minister of Natural Resources, Dr Vincent Biruta said that Rwanda is endeavouring to walk towards a climate resilient future by means of its vision 2020 and the Economic Development Poverty Reduction Strategy (EDPRII) which embrace climate change as a key component.
“Though Rwanda is reported as well advanced in the area of environment and climate change resilience, we believe there is still room for improvement and we are eager to learn from others’ experience.”
Dr. Rose Mukankomeje, Director General of REMA, acknowledged that it is a great pleasure for Rwanda to welcome climate change experts from around the world to discuss financing the transition to low emission and climate resilient development at national, sub-regional and regional levels in developing countries.
“This workshop is very important for developing countries and their climate resilient development. It will help them identify channels and leverage points for financing climate resilient development interventions,” Dr. Mukankomeje said. “It will also help participants share different approaches for structuring and operating national climate finance mechanisms.”
Climate change related financing is critical for all developing countries and adequate finance is considered the main element required to respond to climate change. Levels of finance are directly linked to the action developing countries can undertake as part of the global effort to deal with climate change through adaptation and mitigation.
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