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Rwanda Kicks Off Green Taxonomy Implementation, Reinforcing Commitment to Climate-Conscious Investment

Kigali, Rwanda – September 11, 2025: The Government of Rwanda officially kicked off the implementation of the Rwanda Green Taxonomy (RGT), alongside an innovative digital platform designed to accelerate its adoption across key sectors.

The Green Taxonomy implementation kick-off follows its approval by the Cabinet in April 2025. Rwanda has become the second country in Africa to establish such a framework, a critical step in combating greenwashing and directing capital toward sustainable projects.

The Rwanda Green Taxonomy (RGT) is a nationally developed framework that aims to define the sustainability criteria and foster shared understanding and trust on what constitutes a green investment. It is a policy tool to direct financial flows towards green, climate-resilient, and socially inclusive investments while providing clarity to market participants and minimizing the risk of greenwashing.

Speaking on the significance of this milestone, KIFC CEO Hortense Mudenge noted:

“For the Kigali International Financial Centre, this is a transformative moment. The taxonomy strengthens our value proposition as a trusted jurisdiction for sustainable investments. It enhances our ability to attract climate-conscious investors, fosters innovation in green financial products, and reinforces our commitment to building a thriving, transparent, and future-proof financial ecosystem.”

The kick-off event introduced market participants to the Rwanda Green Taxonomy Navigator, a user-friendly digital platform that will enable financial institutions, regulators, private-sector actors and other users to gain a clearer and more practical understanding of the Rwanda Taxonomy, making it easier to use and adopt it for internal projects and initiatives.

“The launch of this implementation roadmap and the digital tool marks a pivotal moment for Rwanda’s sustainable finance landscape,” said Herbert Asiimwe, Head of the Financial Development Department at the Ministry of Finance and Economic Planning.

“The Taxonomy provides the needed clarity and confidence to channel capital towards our national priorities. This is not just about mitigating climate risk; it is about seizing the immense opportunity of a green and inclusive economy as outlined in our Vision 2050. These tools will empower our financial sector to become a powerful engine for sustainable development.”

Speaking on behalf of the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), which supported the taxonomy’s development, Project Director Ksenija Maver stated:

“GIZ, on behalf of the German Government, is proud to have supported the development and now the operationalization of the Rwanda Green Taxonomy. Rwanda is demonstrating regional leadership in creating a robust enabling environment for sustainable finance. The launch of this digital tool is a testament to a successful partnership aimed at translating policy into practical action that will attract both public and private investment for a climate-resilient future.”

The Taxonomy’s implementation roadmap provides a clear, phased plan for implementing the RGT, reinforcing Rwanda’s steadfast environmental and climate commitments. It directly aligns the financial sector with the green transition and climate action objectives set out in Vision 2050, the National Strategy for Transformation (NST2), the Green Growth and Climate Resilience Strategy (GGCRS), and the updated Nationally Determined Contributions (NDCs).

The Rwanda Green Taxonomy initiative is a key milestone in mobilizing the financial flows required to meet Rwanda’s ambitious climate goals and build a prosperous, low-carbon economy.

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