Support Accreditation Gap Assessment and Action Plan Rwanda Development Bank
Summary
The Development Bank of Rwanda (BRD) is seeking support from the Green Climate Fund (GCF) for a gap assessment to identify weaknesses in its current capacity relative to GCF accreditation requirements. BRD has a long history of providing long-term finance in Rwanda, with over 50% of its portfolio dedicated to agriculture and renewable energy. A notable project is the World Bank-financed 'Renewable Energy Fund' (REF), worth US$ 48.94 million, which aims to increase electricity access via off-grid technologies, targeting 445,500 connections and benefiting 1.8 million people.
Key insights
- The Development Bank of Rwanda (BRD) is requesting a gap assessment from the Green Climate Fund to identify shortcomings and weaknesses that must be addressed to meet accreditation requirements before submitting its application.
- More than half of BRD's portfolio is concentrated in the renewable energy and agriculture sectors, both of which involve climate change mitigation and adaptation activities.
- Since 2017, BRD has managed the World Bank-financed 'Renewable Energy Fund' (REF), a US$ 48.94 million initiative designed to expand off-grid electricity access in Rwanda, with a goal of 445,500 connections benefiting 1.8 million people (52% women).
Cite the original document
- APA
- Green Climate Fund (n.d.). Support Accreditation Gap Assessment and Action Plan Rwanda Development Bank. https://www.greenclimate.fund/document/support-accreditation-gap-assessment-and-action-plan-rwanda-development-bank
- Chicago
- Green Climate Fund. Support Accreditation Gap Assessment and Action Plan Rwanda Development Bank. n.d. https://www.greenclimate.fund/document/support-accreditation-gap-assessment-and-action-plan-rwanda-development-bank.
- Wikipedia
- {{cite press release |author=Green Climate Fund |title=Support Accreditation Gap Assessment and Action Plan Rwanda Development Bank |url=https://www.greenclimate.fund/document/support-accreditation-gap-assessment-and-action-plan-rwanda-development-bank |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{greenclimatefundndsupport, author = {{Green Climate Fund}}, title = {{Support Accreditation Gap Assessment and Action Plan Rwanda Development Bank}}, publisher = {Green Climate Fund}, url = {https://www.greenclimate.fund/document/support-accreditation-gap-assessment-and-action-plan-rwanda-development-bank}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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