Africa

Rwanda


SDG Finance - Component 1

Enhancing development finance and effectiveness in Rwanda through integrated and innovative approaches for National Priorities and the SDGs

Sustainable Development Goals
Total funding allocated
SDG Finance - Component 1
US $ 1000000
Co-funding by UN agencies
SDG Finance - Component 1
US $ 867000
#IntegratedFinancing
#ClimateChange

Brief description

The Joint Programme will help to realize the much-needed engagement of the private sector to drive economic development in Rwanda as per the aspiration of the country and SDGs. It supports the development of tools and guidelines to align private sector investments to national priorities and SDGs including by adapting and scaling up comprehensive shared value approaches for SDG delivery. In addition, the JP aims at supporting Rwanda to mobilize significant amount of resources by piloting selected innovative financing instruments such as blended finance facility, social bonds and green bank. The results from the activities above will contribute to promote effective public, public-private and civil society partnerships. The activities will also contribute to having more climate change-sensitive strategies and planning.

Approach

The programme will support the Government of Rwanda to ensure fiscal sustainability, promote stronger policy coherence for sustainable development, and support the elaboration and implementation of an Integrated National Financing Framework (INFF) as a tool to reach national priorities and the SDGs. New and inclusive partnerships around financing and transformational development in Rwanda will be advanced through all outputs. Approaches to mainstream gender- and climate-sensitive and pro-poor planning, budgeting, and innovative financing strategies will also be strengthened through the JP. The activities will promote citizens engagement and participation in decision-making processes, especially in decentralized planning and budgeting processes, and improved transparency.

Quick facts

Total budget:
US $ 1,867,000

UN Agencies:

UNDP, UNICEF


National Partners:

Ministry of Finance and Economic Planning


Duration:
Jun 2020 - Jun 2022

Financial Information