Rwanda and international development banks plan to raise an extra 300 million euros ($328.86 million) to help the country adapt to a changing climate, the International Monetary Fund (IMF) said on Thursday.
had allowed for a disbursement of $98.6 million of an initial $319 million.
It said on Thursday, the new support would build on that and the Rwandan government's fund-raising efforts would be helped by France's Agence Française de Développement , the European Investment Bank , Italy's Cassa Depositi e Prestiti , and the International Finance Corporation . The proceeds will help businesses in Rwanda to access green financing and develop policies aimed at tackling climate change, the IMF said.
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