ESG & Investing
IMF’s New Climate Tool Allows Rwanda to Access $310 Million
- Funds will bolster Rwanda’s defenses against climate change
- Rwanda also agrees to 36-month policy coordination instrument
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The International Monetary Fund agreed to lend Rwanda about $310 million under a new tool intended to help nations bolster their defenses against climate change.
Rwanda becomes the second nation to get a deal for access to the IMF’s new Resilience and Sustainability Trust, according to mission leader Haimanot Teferra.