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Green financing. Rwanda advocates for moving from theory to practice

Stella Rusine Nteziryayo
Stella Rusine Nteziryayo
03/03/2024 à 10:27 , Mis à jour le 03/03/2024
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Through the voice of the Chief Economist of its Ministry of Finance and Economic Planning, Stella Rusine Nteziryayo, Rwanda delivered this message of truth during the meeting of the Expert Committee of the 56th session of the Conference of African Ministers of Finance, Planning, and Economic Development of the UNECA.

The debate revolved around financing the transition to inclusive green economies in Africa. Once again, imperatives were highlighted, as well as opportunities and possible policy options.

In her remarks during the meeting of the Expert Committee of the 56th session of the Conference of African Ministers of Finance, Planning, and Economic Development of the UNECA (#CoM2024) held in Victoria Falls, Zimbabwe, the Chief Economist of the Rwandan Ministry of Finance and Economic Planning departed from the conventional by being pragmatic. "It's certainly good to promote green financing mechanisms, but it's even better to demonstrate how to benefit from these mechanisms in order to operationalize them on the ground," Stella Rusine Nteziryayo asserted. Her intervention was highly appreciated.

UNECA meetings have the merit of bringing together field experts who are not always diplomatic. It is such speakers who sometimes manage to shake things up by making policymakers reflect. Through their ideas, stemming from their contact with the reality on the ground, they thus transform debates, which are usually futile, into useful brainstorming sessions.

Africa no longer needs the repetition of the same old tunes, but rather new, especially practical ideas. It is in this sense that Nteziryayo deserves applause.

In this same pragmatic vein, speaking on March 28, 2024, at the same meeting, Deputy Executive Secretary (Programme) and Chief Economist within this Commission, Hanan Morsy, commended the African Union's entry into the G20 but advocated for strong African representation within other institutions such as the IMF...