World Bank injects $ 9.5M in Rwanda forests restoration

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m_World Bank injects $ 9

The World Bank has solicited $ 9.5 million to help boost land management of the Gishwati and Mukura forests and improve the environment, local livelihoods, and climate resilience in Rwanda.

The financing in the form of grants comes from the Global Environment Facility (GEF) and Least Developed Countries Fund (LDCF).

The whole project is expected to cost $ 12 million (approximately Rwf8.4 billion) with Government of Rwanda counter funding of US$2.6 million (approximately Rwf1.8 billion).

The five year project will be implemented by Rwanda Environmental Management Authority (REMA).

Through the Landscape Approach to Forest Restoration and Conservation Project, the funds will ensure restoration of degraded landscape, increasing tree cover, restoring indigenous woodland in deforested areas enhancing the biodiversity and providing global environmental benefits.

Gishwati and Mukura area lost most of its natural forest in recent decades, and has suffered from severe soil erosion, landslides and floods. But some patches of native forest remain, alongside important biodiversity, including a small population of chimpanzees.

The Minister of Finance and Economic Planning Claver Gatete said the project will help to promote direct and indirect economic values to landscape management that go beyond local agricultural output, and include tourism and protection of water resources for energy and water supply.

World Bank Rwanda Country Manager Carolyn Turk said, “The World Bank is delighted to be contributing to the sustainable development of Rwanda through this new operation which will provide integrated solutions to these challenges and help to boost the livelihoods of some of the poorest households in Rwanda.

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Olive Ndaka is the Junior Editor for RwandaEye. An investor and young entrepreneur, she is a quick learner and has contributed many articles for RwandaEye in Kinyarwanda.

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1 Comments

  1. Nshimiyimana says:

    Very good ! It is , this arias are the resources of a great quantity of water ! Look at all rivers which take spring in MUKURA for example , they are many ! Good thing . Congrats !

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