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Getting Ready for Climate Finance: The Case of Rwanda

Author

Listed:
  • Emilie Bécault

    (GGS, KU Leuven)

  • Moritz Koenig

    (GGS, KU Leuven)

  • Axel Marx

    (GGS, KU Leuven)

Abstract

The purpose of this report is to provide a comprehensive assessment of the state of climate finance readiness in the Republic of Rwanda so to identify key opportunities for strengthening the country’s performance in accessing and delivering increasingly larger amounts of climate finance from international public and private sources. The report is divided into three parts respectively discussing: 1) a four-pillar framework with indicators for assessing climate finance readiness at the national level 2) an analysis of Rwanda’s climate finance strategies, policies, institutions, and recent experience in accessing and delivering climate funds and 3) key findings and recommendations for each modality of the climate finance readiness framework. The report concludes by highlighting a number of lessons that can be drawned from the Rwandan experience in getting ready for climate finance. Based on desktop analysis of formal and informal policy materials, strategies and frameworks in Rwanda and phone interviews with key stakeholders, donors, and diverse recipients of climate funding, this study offers a fine-grained analysis of the state of climate finance readiness in Rwanda as well as a number of key recommendations to donors, policymakers, and other stakeholders on how to improve recipient developing countries’ capacities to access and deliver future flows of climate finance.

Suggested Citation

  • Emilie Bécault & Moritz Koenig & Axel Marx, 2016. "Getting Ready for Climate Finance: The Case of Rwanda," BeFinD Working Papers 0113, University of Namur, Department of Economics.
  • Handle: RePEc:nam:befdwp:0113
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    File URL: http://www.befind.be/publications/WPs/wp13
    File Function: First version, 2016
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    Citations

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    Cited by:

    1. Innocent Chirisa & Trynos Gumbo & Veronica N. Gundu-Jakarasi & Washington Zhakata & Thomas Karakadzai & Romeo Dipura & Thembani Moyo, 2021. "Interrogating Climate Adaptation Financing in Zimbabwe: Proposed Direction," Sustainability, MDPI, vol. 13(12), pages 1-20, June.
    2. Catherine Roween C. Almaden & Ma Kresna D. Navarro, 2018. "Enablers and constraints of localized climate financing: The case of a second-tier city in the Philippines," ECONOMICS AND POLICY OF ENERGY AND THE ENVIRONMENT, FrancoAngeli Editore, vol. 2018(1), pages 191-223.

    More about this item

    Keywords

    climate finance; climate finance readiness; Rwanda; developing countries; climate adaptation; climate policy; development; green growth.;
    All these keywords.

    JEL classification:

    • O - Economic Development, Innovation, Technological Change, and Growth
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy

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    This paper has been announced in the following NEP Reports:

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