Boosting Green Finance, Investment and Trade in Rwanda

The development objective of the Boosting Green Finance, Investment and Trade in Rwanda Project is to support reforms aimed at creating a level playing field and mobilizing investment, particularly green. The is aligned with the GoR’s vision for transformative growth, targeting the advancement of private sector-led and eco-conscious development as encapsulated in Rwanda’s Vision 2050. This programmatic DPF series is structured around a comprehensive reform agenda that addresses key barriers impeding private sector investment and green growth. entral to this operation is its alignment with the World Bank Group’s Country Partnership Framework (CPF) for Rwanda for FY2021–2026, focusing on mobilizing private capital, enlarging the private sector’s economic footprint, and promoting green growth. This operation is aligned with the goals of the Paris Agreement. This DPF aims to stimulate green, private sector-led growth that is aligned with Rwanda’s priorities for climate mitigation, adaptation, and resilience. The design of this operation gives continuity to the reforms initiated in the first year of the series. It embodies lessons learned from implementing previous DPF operations in Rwanda, particularly from the Human Capital for Inclusive Growth programmatic DPF series. It has the following two pillars: (i) Creating a level playing field; and (ii) Mobilizing investment, particularly green.