Scheduled from March 4th to 7th, 2023, the meeting brought together GCF Board members to discuss various environmental protection projects.
Rwanda, the first African country to host this meeting, has been actively involved in projects with the GCF aimed at conserving the environment.
The ‘Green Gicumbi Project’ in Gicumbi District is one such initiative, aimed at combating climate change and fostering an eco-friendly economy.
Currently in its fourth year, the project is expected to run for six years with an estimated cost of $32 million.
Another key initiative is the TREPA project, focused on enhancing climate resilience for communities in the Eastern region. With a six-year timeframe, it includes afforestation and agroforestry on over 70,000 hectares, with a budget of $33 million.
By the end of 2023, the GCF had approved an $80 million investment to strengthen Rwanda’s environmental protection efforts.
During the event’s welcoming ceremony, GCF Director Mafalda Duarte commended Rwanda for its efficient utilization of GCF funds for environmental projects.
She highlighted that Rwanda is a good example of Green Climate Fund’s success, considering various projects that provide solutions in environmental protection.
“We are ready to continue working with you and support you in achieving your vision as a country,” said Mafalda Duarte.
Dr. Jeanne d’Arc Mujawamariya, Rwanda’s Minister of Environment, expressed gratitude to the GCF for selecting Rwanda as the meeting’s venue and conveyed her hopes for future meetings in Rwanda.
She highlighted the significant benefits Rwanda has experienced since joining the GCF in 2015 and the extensive discussions on environmental protection planned for the meeting.
In 2022, Rwanda launched the ‘Ireme Invest’ fund to support private sector projects aimed at developing an environmentally sustainable economy, which has since received 127 billion Rwandan Francs in investments.
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