July 15, 2024

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Rwanda and Luxembourg Sign Agreement to Combat Climate Change

The governments of Rwanda and Luxembourg have recently signed a grant agreement worth 12 million Euros (equal to 16.7 billion Frw) to combat the effects of climate change. The agreement was signed at the Ministry of Finance and Planning by the Minister of Finance and Planning, Yusuf Murangwa, and the Deputy Prime Minister, in charge of Foreign Affairs, International Trade and Cooperation, Xavier Bettel.

The funds will be utilized to protect the environment and implement measures to prevent air pollution, which is a global concern affecting countries like Rwanda. Minister Murangwa emphasized that this agreement will assist Rwanda in achieving its environmental conservation goals, particularly through reforestation programs.

Minister Xavier of Luxembourg highlighted the importance of cooperation with Rwanda, citing the country’s effective utilization of resources. He expressed confidence in Rwanda’s ability to make good use of the grant money, emphasizing the mutual benefits of such partnerships.

In addition to climate change initiatives, Rwanda and Luxembourg have previously signed agreements aimed at promoting the Kigali International Financial Center and addressing issues related to smuggling and tax evasion. The cooperation between the two countries is expected to further strengthen in the future, with a focus on sustainable development and environmental protection.

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