- Rwanda DNA
- Climate Change
- Clean Development Mechanism
- Voluntary Carbon Market
- Carbon Market in Rwanda
- Project Approval Procedures
Introduction
Rwanda has potential for many types of carbon credit projects. Although Rwanda’s greenhouse gas emission levels are low and there is currently a low level of industry, the country is developing quickly and the Government of Rwanda is intent on developing in a green manner, providing a fertile environment for many carbon credit eligible projects. Furthermore, the Rwanda Development Board (RDB) has been set up to facilitate investors working in Rwanda. Please visit www.rdb.rw for further information.
The two main sectors for carbon credit projects are energy and forestry. There is currently one registered CDM project, the Rwanda Electrogaz Compact Fluorescent Lamp (CFL) distribution Project, and numerous other projects in the pipeline, especially in the fields of energy and forestry. However, there is potential for many more carbon market projects in Rwanda.
Within the energy sector, Rwanda has great potential for carbon credit projects. Potential projects include:
• hydropower,
• micro/pico hydropower,
• solar electricity,
• solar water heating,
• methane from Lake Kivu
• biogas recovery from wastewater (domestic, universities, prisons, industries)
• energy efficient cookstoves
• energy efficiency in buildings
Since the 1960s, with acceleration in the 1990s, 65% of Rwanda’s forest cover was lost. However, the Government is now pursuing policies to decrease biomass usageand increase forestation. Within this cadre, there are reforestation opportunities.