Rwanda’s President, Paul Kagame, is urging for increased investment in green energy on the continent as he points out that it could also play a critical role towards recovery from the Covid-19 pandemic.
Speaking at the P4G Summit which held virtually, on Sunday, May 30 2021, under the theme ‘Green Recovery and 2050 Carbon Neutrality’, Kagame noted that with economic growth dependent on energy, developing countries ought to produce and consume much more energy than they currently do to achieve the Sustainable Development Goals set by the United Nations.
“This means incentivizing renewable energy and reducing subsidies for fossil fuels. In Rwanda, for example, we are beginning the transition to electric vehicles as part of our journey toward carbon neutrality” he said.
Partnering for Green Growth and the Global Goals 2030 (P4G) is an initiative with a focus on accelerating market-based partnerships to build sustainable and resilient economies, and President Kagame believes that involvement in green growth will come in handy to protect biodiversity and allow for sustainable management of land, water and forest resources.
Noting the advantages of Green Growth, President Kagame explained that it could be a key source of high-quality jobs opportunities for young people especially for the youth, adding that investment in green technologies and industries, in every corner of the world is a key strategy for ensuring that recovery from the pandemic is more inclusive.