Serrari Group

In a major environmental commitment, the world’s largest global climate fund has pledged $39.1 million to support Rwanda in its fight against climate change by revitalizing the country’s last remaining montane forests.

The $12.8 billion Green Climate Fund, headquartered in South Korea, has initiated this substantial investment with the aim of enhancing the climate resilience of vulnerable communities situated in Rwanda’s Congo Nile Divide. The project’s focal points encompass comprehensive forest and landscape restoration, alongside the promotion of private sector green growth via the Ireme Invest, a green investment facility. The Rwandan Finance Ministry made this announcement in a statement released on Wednesday.

This extensive endeavor is set to establish more sustainable management practices across an expansive 278,000 hectares (687,000 acres) and champion sustainable agroforestry techniques within 2,000 hectares of plantations. Such efforts are expected to reduce the demand for fuelwood and ease the pressure on deforestation in the region, marking a significant stride in environmental conservation.

The significance of preserving Africa’s forests has grown exponentially in the fight against climate change. Trees, as vital carbon sinks, absorb and store carbon dioxide, thereby mitigating the adverse impacts of greenhouse gas emissions. In the case of the Congo Nile Divide forests, these wooded havens serve as the habitat for endangered chimpanzees and play a crucial role in stabilizing the local climate. This climatic moderation is essential for the successful cultivation of agricultural crops such as tea, which stands as one of Rwanda’s primary exports.

The agreement between the Green Climate Fund and Rwanda underscores the international community’s commitment to addressing climate change by supporting environmentally significant initiatives that contribute to the global fight against environmental degradation and its far-reaching consequences.


26th October, 2023
Delino Gayweh
Serrari Financial Analyst

Share this article:
Article and News Disclaimer

The information provided on is for general informational purposes only. While we strive to keep the information up to date and accurate, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability, or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk. is not responsible for any errors or omissions, or for the results obtained from the use of this information. All information on the website is provided on an "as-is" basis, with no guarantee of completeness, accuracy, timeliness, or of the results obtained from the use of this information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

In no event will be liable to you or anyone else for any decision made or action taken in reliance on the information provided on the website or for any consequential, special, or similar damages, even if advised of the possibility of such damages.

The articles, news, and information presented on reflect the opinions of the respective authors and contributors and do not necessarily represent the views of the website or its management. Any views or opinions expressed are solely those of the individual authors and do not represent the website's views or opinions as a whole.

The content on may include links to external websites, which are provided for convenience and informational purposes only. We have no control over the nature, content, and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorsement of the views expressed within them.

Every effort is made to keep the website up and running smoothly. However, takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.

Please note that laws, regulations, and information can change rapidly, and we advise you to conduct further research and seek professional advice when necessary.

By using, you agree to this disclaimer and its terms. If you do not agree with this disclaimer, please do not use the website., reserves the right to update, modify, or remove any part of this disclaimer without prior notice. It is your responsibility to review this disclaimer periodically for changes.

Serrari Group 2023