Swedish Energy Agency

10/04/2024 | Press release | Distributed by Public on 10/04/2024 00:04

Sweden and Rwanda to cooperate on emissions trading under the Paris Agreement

The Swedish Energy Agency and Rwanda's Ministry of the Environment have signed a Memorandum of Understanding on emissions trading under Article 6 of the Paris Agreement. The next steps are to agree on concrete emission reduction projects and sign a binding bilateral framework agreement.

Dr. Valentine Uwamariya, Rwanda´s Minister of Environment and Martina Fors Mohlin, chargé d'affaires at the Swedish embassy in Kigali. Photo: Basile Uwimana, Ministry of Environment

Sweden is an important partner to Rwanda, especially since development cooperation began after the genocide in 1994. Sweden's efforts in Rwanda are focused on human rights, democracy and equality, the environment and climate, as well as promoting more inclusive economic growth. The signing a Memorandum of Understanding on emissions trading under Article 6 of the Paris Agreement now adds another building block in the relationship between the two countries.

- This is a first step towards establishing projects that reduce greenhouse gas emissions and contribute to the energy transition in Rwanda. There are also great opportunities to simultaneously improve the conditions for local populations and contribute to sustainable development in the country, says Sandra Lindström, head of the unit for international climate cooperation at the Swedish Energy Agency.

Combining economic growth with ambitious climate goals

The Memorandum of Understanding has been negotiated between the Swedish Energy Agency and Rwanda's Ministry of the Environment. The Swedish Embassy in Kigali has provided important support in the development of the agreement.

- Rwanda has shown that it is possible to combine economic growth with ambitious climate goals. Through its initiatives in sustainable energy and green development, Rwanda can become a source of inspiration for other countries, says Martina Fors Mohlin, chargé d'affaires at the Swedish embassy in Kigali.

The next step is to negotiate a legally binding bilateral framework agreement on emissions trading between the two countries. Sweden already has Memoranda of Understanding on climate cooperation under the rules of the Paris Agreement with Nepal, the Dominican Republic, Zambia and Switzerland. Sweden also has a legally binding bilateral framework agreement with Ghana, where Sweden's first emission reduction project under Article 6 has already been procured.

About international climate cooperation The purpose of international climate cooperation under the Paris Agreement is to contribute to faster and greater emission reductions on a global level. The emission reductions generated through the investments made possible by the collaboration can be distributed and transferred between the countries and thus contribute to each country's national emission reduction commitments. The Swedish Energy Agency is tasked by the Swedish government to develop international climate cooperation under the Paris Agreement.
Last updated: 2024-10-04
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