Rwanda Launches Clim-ARM Investment Blueprints: "Integrating Weather and Climate Analytics into Agricultural Risk Management” to drive Climate-Smart Agricultural Investments
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Published on
05.12.24
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“Rwanda’s agricultural sector, which employs over 70% of the population and contributes nearly 30% of the national GDP, faces growing challenges due to climate variability” highlighted Dr. Olivier Kamana – Permanent Secretary at the Ministry of Agriculture and Animal Resources.
Projections indicate that climate-related losses in agriculture could cost the country between USD 50–300 million annually by 2030, threatening livelihoods and food security.
“Despite agriculture’s economic importance, only 2% of commercial bank lending currently goes to the sector, underscoring a critical financing gap” highlighted Jenny Frankel-Reed – Senior Officer, Climate Adaptation at the Bill & Melinda Gates Foundation.
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