“Rwanda is one of many countries that have contributed almost nothing to the problem of climate change, but will bear the brunt of its impacts,” Claver Gatete, Rwanda’s Minister of Finance and economic planning told reporters on Tuesday.

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“By joining the V20, we are adding our voice to the message that the international community must do more to keep temperature rises below 1.5°C and support developing nations to adapt,” the official said.

Rwanda being a mountainous country is at risk of increased weather extremes such as floods and droughts.

Research conducted for the V20 estimates that the impact of climate change on Rwanda’s economy could be as high as 4.5 percent of Gross Domestic Product by 2030.

The research also indicated that the health impacts of climate change for Rwandans are likely to be severe, including increased incidences of malaria and weather-related epidemics.

The purpose of the V20, launched in October in Lima this year, is to strengthen economic and financial standards on climate change as well as provide new approaches to mitigate climate impacts in developing countries.

Rwanda will attend the global climate agreement negotiations in Paris later this year and share its experience implementing innovative environment conservation programmes with V20 group members and the world at large.

This includes the creation of the Green Fund – an environment and climate change financing mechanism that supports climate resilience projects across the country. Enditem

Source: Xinhua

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