{"id":26966,"date":"2022-10-08T10:01:09","date_gmt":"2022-10-08T10:01:09","guid":{"rendered":"https:\/\/www.africa-press.net\/rwanda\/all-news\/rwanda-eu-ink-deal-worth-rwf72-5bn-to-address-food-security-and-climate-change-challenges"},"modified":"2022-10-08T12:21:33","modified_gmt":"2022-10-08T12:21:33","slug":"rwanda-eu-ink-deal-worth-rwf72-5bn-to-address-food-security-and-climate-change-challenges","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/rwanda\/policy\/rwanda-eu-ink-deal-worth-rwf72-5bn-to-address-food-security-and-climate-change-challenges","title":{"rendered":"Rwanda, EU Ink Deal Worth Rwf72.5Bn To Address Food Security And Climate Change Challenges"},"content":{"rendered":"

Africa-Press – Rwanda. <\/strong><\/span>Rwanda and European Union have signed a financing agreement worth \u20ac 69 million, approximately Rwf72.5 billion to address food security and climate change challenges, through a program dubbed \u201cTransformational climate-smart and inclusive agriculture.\u201d<\/p>\n

This finance agreement aims at establishing sustainable agricultural transformation, fostering Rwanda\u2019s agricultural transition to socially and environmentally inclusive food systems, environmental and climate sustainability.<\/p>\n

According to Minister of Finance and Economic Planning, the project will contribute to Rwanda\u2019s Nationally determined contribution\u2019s objective on climate adaptation.<\/p>\n

It was signed between Dr. Uzziel Ndagijimana, Minister of Finance and Economic Planning and Belen Calvo Uyarra, European Union Ambassador-designate to Rwanda in Kigali city on October 6.<\/p>\n

\u201cThe financial support we just signed today is a timely contribution to our National Strategy for Transformation for modernization and strengthening the productivity of agriculture and livestock while promoting sustainable management of the environment and natural resources to transition Rwanda towards a Green Economy,\u201d Dr. Ndagijimana said.<\/p>\n

The three-year financing agreement is also expected to reinforce Rwanda-EU bilateral cooperation and advance on common interests.<\/p>\n

It will be implemented under a budget support-sector reform contract worth \u20ac 52 million. The budget support will target progress achieved on farmer\u2019s incomes and better services delivery to farmers at local level including land husbandry and climate-smart agricultural practices with a focus on agroforestry and landscape restoration.<\/p>\n

The second complementary support fund worth\u20ac 17 million will support inclusive and sustainable high-value chains (horticulture and aquaculture) via a contribution agreement with the Belgian Development Agency-Enabel, (\u20ac 10 million).<\/p>\n

Under, complementary support fund, the technical assistance fund worth \u20ac 7 million will support the Ministry of Agriculture and animal resources, Ministry of Environment and related agencies in the policy design, monitoring and implementation.<\/p>\n

\u201cThe European Union has a long-standing partnership with Rwanda and we are proud to be one of the key partners in the country\u2019s path to sustainable development. With this strategy we renew the EU\u2019s commitment to support pro-poor, sustainable and inclusive economic growth, by focusing on a green deal for agricultural transformation and achieving Rwanda\u2019s climate adaptation goals,\u201d Amb. Belen Calvo Uyarra said.<\/p>\n

For More News And Analysis About Rwanda<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Rwanda. Rwanda and European Union have signed a financing agreement worth \u20ac 69 million, approximately Rwf72.5 billion to address food security and climate change challenges, through a program dubbed \u201cTransformational climate-smart and inclusive agriculture.\u201d This finance agreement aims at establishing sustainable agricultural transformation, fostering Rwanda\u2019s agricultural transition to socially and environmentally inclusive food […]<\/p>\n","protected":false},"author":84,"featured_media":26965,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15,14],"tags":[760,763,758],"class_list":["post-26966","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-policy","tag-africa-press","tag-africa-press-rwanda","tag-rwanda"],"yoast_head":"\nRwanda, EU Ink Deal Worth Rwf72.5Bn To Address Food Security And Climate Change Challenges - 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