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Rwanda puts climate plan at $12 billion

By , based on Umuseke

Rwanda puts climate plan at $12 billionIllustrative image · Quang Nguyen Vinh · Pexels · Licence Pexels

Rwanda estimates that $12 billion in investment is needed to reduce its greenhouse gas emissions by 53% by 2035. Prime Minister Justin Nsengiyumva presented the funding requirement on 12 November 2026 at COP31 in Antalya, Turkey, according to Umuseke.

Rwanda estimates that $12 billion in investment is needed to reduce its greenhouse gas emissions by 53% by 2035, Rwandan Prime Minister Nsengiyumva Justin said on Thursday during COP31, the UN climate conference being held in Antalya, Turkey. According to him, 80% of this amount will have to come from foreign financing.

The head of government called for predictable, accessible and sufficient international financing to support climate projects in developing countries. He notably called for investments to be assessed according to the value of projects rather than the country or continent where they are carried out.

Nsengiyumva also defended the implementation of NDC3.0, Rwanda’s third national emissions reduction plan. He cited the Kigali Amendment to the Montreal Protocol, approved by 175 of the 198 countries concerned according to his speech, as an example of international cooperation capable of producing climate results.

The announcement comes after the presentation on 11 November of Rwanda’s six climate priorities at COP31, and as the prime minister has been representing President Paul Kagame in Antalya since 10 November.

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