The Rwanda Green Fund (FONERWA) is working with the Rwanda Development Bank (BRD) to set up a facility to spur the country’s ability to meet the growing opportunities for climate finance in the private sector. The facility dubbed Rwanda Green Investment Facility (RGIF) is modelled on the “green bank” idea. It will use a blended finance approach to leverage private investment where the blended finance approach includes debt, credit enhancements such as subdebt, tenor extension and collateral support to commercially viable projects in the green sector. Read More
