06 September 2023

Africa Climate Summit | National Statement by President Kagame | Nairobi, 5 September 2023

First, I wish to thank President Ruto for hosting us in beautiful and vibrant Nairobi for the Africa Climate Summit, organized in collaboration with the African Union.

Every year, the world is reminded of the real and growing threat of climate change. Recent findings tell us all kinds of stories, including that that July was the hottest month ever recorded in human history.

Africa continues to carry the burden of rising temperatures, despite contributing the smallest share of global greenhouse gas emissions. We cannot just keep talking about it without doing what is required to fix the problem. This is unfair, but in the long run, playing the blame game is not the answer.

A more pragmatic approach is for Africa to be a key player in the search for global climate solutions. Africa stands united and should remain so, in this position.

In this regard, allow me to take this opportunity to commend President Dr William Ruto for his exceptional leadership of the Committee of African Heads of State and Government on Climate Change.

In Rwanda, we want the private sector to play a greater role in building a green economy. Our strategy is to position ourselves as an attractive destination for international climate financing and investment.

That is why, at COP-27, at that summit, Rwanda launched Ireme Invest, a green investment facility created by the Rwanda Green Fund in partnership with the Development Bank of Rwanda.

So far, US$200 million has been mobilized from domestic and international partners, including the European Investment Bank and the Green Climate Fund.

We have also been working closely with the International Monetary Fund. As a participant in the Resilience and Sustainability Trust, we have access to long-term financing to further integrate climate into our economic policies. This is a good sign that the international community is taking seriously the call to reform our global financial architecture.

But there is still room for improvement. In this context, I welcome the discussions held at the Paris Summit for a New Global Financial Pact. The Bridgetown Initiative, spearheaded by Prime Minister Mia Mottley of Barbados, also deserves considerable and serious attention.

Any meaningful structural change must favour debt restructuring and lower interest rates, as President William Ruto has so eloquently explained.

As Chair-in-Office of the Commonwealth, Rwanda supports the development of a Multidimensional Vulnerability Index, led by the United Nations in partnership with Small Island Developing States. Gross National Income (GNI) does not accurately measure a country’s vulnerability to climate change. In any case, Small Island Developing States should not be punished for having higher income levels.

Ultimately, what Africa wants is fair and equal partnership, which takes our priorities into account. That is going to be the basis for trust and solidarity.

I hope this Summit will serve as a good foundation for discussions later this year at COP-28. I thank you for your kind attention, and Mr President, thank you for convening us here

Whatsapp

Topics


More posts

04 February 2022

Six ways Rwanda is being water wise in the face of climate change

Access to water underpins public health and is critical to sustainable development. Availability of water is also critical for any country’s…

Read more →
04 February 2022

Five ways Rwanda is investing in ecotourism and conservation

Rwanda is located in the Albertine Rift, a region considered especially rich in biodiversity, making it ideal for conservation and ecotourism. From…

Read more →
04 February 2022

How Rwanda is putting its forests first in the fight against climate change

In 2011, Rwanda introduced a Green Growth and Climate Resilience Strategy to guide the country to become a developed, low carbon economy by 2050.…

Read more →
04 November 2021

How Rwanda is using climate change data and projections to plan for the future

In 2011, Rwanda adopted a Green Growth and Climate Resilience Strategy to become a developed, climate-resilient, and low-carbon economy by 2050. To…

Read more →
04 November 2021

Rwanda celebrates World Ozone Day

Kigali, 16  September, 2021 - Today, Rwanda joins the rest of the world to mark the International Day for the preservation of the Ozone Layer. World…

Read more →
04 November 2021

Retrofit Electric Motorcycles Project; Another step towards emission reduction

The Greenhouse gases emission inventory report of 2015 indicated that the vehicles (that burns the fossil fuel) emit emissions at 13% of the total…

Read more →
04 November 2021

What you should know about Climate Adaptation Summit 2021 that is taking place online

Even though, the climate change is increasingly distressing, fortunately, there are many actions we can do to ensure our future is as prosperous as…

Read more →
04 November 2021

Beneficiaries of REMA’s Green Amayaga Project receive improved cookstoves to promote energy efficiency

Rwanda Environment Management Authority through the Forest Landscape Restoration in the Amayaga Region (Green Amayaga) Project is distributing…

Read more →
04 November 2021

Develop business and deliver green growth solutions

The economic development is a concern for every country around the World and everyone is concerned with personnel development. However, it is no…

Read more →