Rwanda, Italy sign €50m agreement to support climate resilience projects

The governments of Rwanda and Italy have signed a 50-million-euro financing agreement through the Italian Climate Fund aimed at supporting Rwanda’s National Climate Action Plan and bolstering Rwanda's climate policy agenda by enhancing its resilience and adaptive capacity to the impact of global warming. The agreement was signed virtually on July 8 by Rwanda's Minister of Finance and Economic Planning, Yusuf Murangwa, and Italian Minister of Environment and Energy Security, Gilberto Picheto. According to a related press release, the agreement, part of the Italian Mattei Plan’s energy security

The governments of Rwanda and Italy have signed a 50-million-euro financing agreement through the Italian Climate Fund aimed at supporting Rwanda’s National Climate Action Plan and bolstering Rwanda's climate policy agenda by enhancing its resilience and adaptive capacity to the impact of global warming.

The agreement was signed virtually on July 8 by Rwanda's Minister of Finance and Economic Planning, Yusuf Murangwa, and Italian Minister of Environment and Energy Security, Gilberto Picheto.

According to a related press release, the agreement, part of the Italian Mattei Plan’s energy security approach towards Africa, aims to support Rwanda’s National Climate Action Plan and bolster Rwanda's climate policy agenda by enhancing its resilience and adaptive capacity to the impact of global warming.


The allocated resources will be made available upon the achievement of a package of policy and institutional reforms that will integrate aspects of climate change mitigation and adaptation into the policy and regulatory framework. These reforms will be essential to achieve the national targets for carbon emission reduction.

Minister of Finance and Economic Planning, Yusuf Murangwa, emphasized the significance of this agreement, stating, “Rwanda has placed climate action at the core of its development agenda, as evidenced by our National Determined Contributions (NDCs)."

“To effectively implement the mitigation and adaptation measures outlined in the NDCs, financial, capacity building, and technology transfer are essential. Therefore, the agreement we have signed today will significantly contribute to this endeavor, estimated at US$ 11 billion.”

"With Rwanda, we will invest in planning, which is necessary to address the major climate issues affecting that region," said Italy’s Minister of Environment and Energy Security, Gilberto Pichetto.

Rwanda has made progress in establishing plans to care for the environment and the climate. In the city of Kigali, there is a plan to plant four million trees in two years.