Rwanda Green Fund (FONERWA)
Building a Climate-Resilient Economy in Rwanda
To help Rwanda meet its goal of reducing greenhouse gas emissions by 38% by 2030, CEO of the Rwanda Green Fund Teddy Mugabo is supporting stakeholders in green business development and capacity building initiatives. She enrolled in the Financing and Deploying Clean Energy online certificate program to gain new insights into the financing mechanisms that can support her country’s ambitious climate plan.
With a background in environmental policy, Teddy Mugabo has focused her climate action work on capacity building, supporting stakeholders, and green business development. As CEO for the Rwanda Green Fund (FONERWA), she plays a critical role in promoting the country’s ambitious climate action agenda, working with local governments, NGOs, and the private sector to fast-track green growth. FONERWA provides targeted financial and technical support to fund the country’s climate initiatives and build an economy that is more resilient to the impacts of climate change.
Rwanda has set a goal of reducing greenhouse gas emissions by 38% by 2030 and becoming carbon neutral by 2050 through improvements in energy production, waste management, and nature-based conservation initiatives.
Mugabo says she enrolled in CBEY’s Financing and Deploying Clean Energy online certificate program to deepen her understanding of financing mechanisms that can support the country’s actions to mitigate climate change.
“My background is mainly in policy and development work. I felt I needed to add to this knowledge by taking a more focused course on finance,” she says. “This program will equip me with practical tools needed to finance the deployment of clean energy and green growth with a deep understanding of the challenges associated with it. And it provides an opportunity to interact with a great network of like-minded people from across the world.”