Rwanda Country Climate and Development Report

World Bank Group

Rwanda Country Climate and Development Report

Autores

World Bank Group

Editor

World Bank, Washington, DC

Descripción

The Rwanda CCDR highlights key interventions that are needed in Rwanda to strengthen climate resilience in the context of country’s development priorities and its commitments under the Paris Agreement. The CCDR finds that Rwanda’s unconditional adaptation and mitigation commitments (i.e., the actions the country plans to implement through 2030 using existing and planned domestic and external financial resources) would substantially dampen the shocks to GDP resulting from increased weather variability. Unconditional NDC investments would boost industrial output and employment during project implementation compared to their baseline levels. The CCDR also finds that conditional actions boost the capital stock above the baseline by more than 4% on average in the late-2020s and by 1% towards mid-century. The additional climate investments in agriculture, energy, and infrastructure simulated in the CCDR could also accelerate the pace of structural transformation. Considering the current global and national fiscal context, finding the right balance between development and climate action will be instrumental for Rwanda to sustain its impressive growth rates and deliver its national development plan Vision 2050. The CCDR offers recommendations organized by priority areas, where sector-specific interventions and projects are presented.