Rwanda to launch Africa’s first green finance platform

From the newsletter

Renewable energy is set to be one of the major beneficiaries of the new Green Exchange Window (GEW) on the Rwanda Stock Exchange later this month. This specialised platform will facilitate the trading of green, social and sustainability-linked financial products. The goal is to raise money for projects with environmental benefits, such as renewable energy and clean transport.

• Green bonds, blended finance and public-private partnerships are helping bridge funding gaps and drive investment in clean and sustainable development.

• Rwanda’s GEW builds on earlier success with green financing. The African Development Bank and the Asian Infrastructure Investment Bank recently approved $299 m for a local “energy sector results-based financing program” (makes you worry about all the “non-results-based financing programs”).

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