Rwanda Green Fund

The Government of Rwanda (GoR) has recently established the Environment and Climate Change Fund – FONERWA – as a cross sectoral financing mechanism to achieve development objectives of environmentally sustainable, climate resilient and green economic growth. The establishment of FONERWA demonstrates Rwanda’s continued commitment to sustainable development and a green economy.

It aims to contribute to sustainable wealth creation and poverty reduction, through sustainable management of natural resources, climate resilient and green economic growth.

FONERWA is the vehicle in Rwanda through which environment and climate change finance is channelled, programmed, disbursed and monitored. As a national Basket Fund, FONERWA is an instrument to facilitate direct access to international environment and climate finance, as well as to streamline and rationalise external aid and domestic finance. Access to the Fund is open to line ministries and districts, charitable and private entities, including businesses, civil society and research institutions.

The Rwanda Green Fund (FONERWA) is investing in public and private projects that drive transformative change. It is one of the first national environment and climate change investment funds in Africa.

The Fund invests in sustainable wealth creation and poverty reduction by providing strategic financing that accelerates Rwanda’s commitment to building a strong climate resilient and green economy. Funding proposals are approved based on careful evaluation to ensure their return on investment contributes to Rwanda’s climate resilience.