Rwanda needs over Rwf 500 billion to build a climate change resilient economy

{A recent survey conducted by Institute of Policy Analysis and Research (IPAR) has established that Rwanda needs at least more than Rwf 527,000,000,000 in the next 15 to be able to come up with climate change mitigation initiatives. }

This was revealed yesterday during the presentation of a research undertaken by IPAR on climate change resilience.

In the recent two years Rwanda has faced various disasters some of which have taken people’s lives, ravaged the environment and infrastructures.

The Executive Secretary of IPAR, Eugenie Kayitesi, said that strategic policies are needed to tackle climate change effects which are on rise.

“Nowadays, climate change effects are tremendously increasing. Rainstorms are ravaging citizens’ dwelling units, taking people’s lives and destroying a wide number of infrastructures. Global warming has also increased. We encourage the government to explore all possibilities of increasing efforts in addressing these challenges if we want sustainable development,” she said.

The IPAR research results indicate that much effort is needed in mobilization for countering climatic ravages and take measures to reduce the number of increasing motor engines in Kigali city which call for more demand for the usage of petroleum products.

The vice governor of National Bank of Rwanda, Monique Nsanzabaganwa who represented the government in the presentation of the IPAR research said that everyone’s cooperation is needed to support government initiatives.

“This is a good opportunity to think about the way of countering climate change effects…Government’s institutions and private investors’ role is needed to address the matter,” she said.

The Executive Secretary of IPAR, Eugenie Kayitesi

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