Rwandan green fund gets new management

Launched in 2012 to support the Rwandan authorities’ ambition to make the country of the Thousand Hills a low-carbon and climate-resilient economy by 2050, the Rwanda Green Fund will change its mind. Following the last meeting of the presidential cabinet, held on Wednesday, July 15, Teddy Mugabo was appointed chief executive officer of the institution, better known as FONERWA in Rwanda. Until now head of business development of FONERWA, the new leader will have the task of continuing the efforts made by the previous management to succeed in the challenge of climate transition. This includes providing financial resources for all kinds of initiatives considered « eco-friendly »: community rooftop rainwater harvesting systems, waste management, affordable zero-carbon housing, a 500-kW hydroelectric power plant along the Gaseke River, etc.