KAMPALA, Uganda– Government of Uganda has signed a five year working relationship with the Global Green Growth Institute (GGGI) with the aim of supporting Uganda to foster a green economic growth in the country.
The five year programme which runs from 2017-2021 will be Implemented under the country’s planning frame work (CPF) which is the strategic frame work for the cooperation between GGGI and the government of Uganda .
Under this frame work, the CPF has three outcome targets which the two parties will be implementing for the government to realize a green economy.
The parameters outcome are mobilizing finances for the implementation of the Green Growth strategy for Uganda , secondly supporting improved Planning in Uganda’s cities to catalyze Green Growth transformation while reaping the dividends of rapid urbanization and lastly to support government in its efforts to expand electricity thorough investing in renewable energy .
Speaking at the Launch of the frame work at the Ministry of Finances planning and Economic Development on Friday, the Deputy Secretary to the treasury Patrick Ocailap who represented the permanent Secretary KEITH Muhakanize applauded GGGi for choosing Uganda as one of their development partners in implementing Green growth Economy.
He said the partnership will support Uganda in fighting climate change which has become a big challenge to the country’s economy.
He said through the CPF framework, more resources will be mobilized to finance off grid renewable energy projects across the country and this will reduce on the incidences of deforestation thus tackling the issue of Pollution.
“When locals have access to off grid renewable energy, it will offer solutions to the increasing cases of deforestation which are rampant in the country. With this program, the government will reduce emissions of greenhouse gases which are destroying the planet. Reducing Emissions is good for our planet, our health and the entire country’s economy,” He explained.
He added that through the CPF framework , Uganda will also benefit in technology transfer because the program will attract more investors to invest in the production of energy from bio- digestible garbage’s that are becoming big sanitation problem in most urban towns in the country.
Uganda in 2017 Launched the Uganda Green Development Strategy (UGGDS) with the aim of demonstrating commitment towards attaining sustainable development goals some of the goals in the development plan is to ensure that Uganda reduces the emission of greenhouse gases by 22% by 2030, however to achieve such goals, the government needs to source for cheap fiancé to finance green economy projects that can support government to achieve green economic pathways.
In his remarks Dexippos Agourides, the GGGI director for Africa and Middle East Portfolio said GGGI will support the government of Uganda to increase finance flows for the projects that are going to be implemented under the UGGDS whose finance gap stands at USD11billion.
“To fully implement this strategy, we will require an estimated USD11 billion over a 15year period. As a key government partners we are tasked to participate in the mobilization of these funds through various financing instruments and mechanism,” he said
He added that if the CPF frame work is fully implement as its programmed ,it will support government to create more jobs to the ordinary Uganda boost the country’s GDP private sector growth as well as reducing greenhouse gas emissions in the country.
According to the GGGI CPF implementing document once the programme is fully implemented as designed it will lead to the following.
Under improved planning of cities the GGGI interventions will lead to promoting of integrated solid waste management by reaching 50% waste separation at source and also a 70%wastecollection nationally, the programme will also support improvement in accessing to safe water , sanitation and Improved transports systems.
On Electricity, the GGGI Interventions will support Government targets of expanding the number of new households that have adopted renewable energy for electricity by 2.8 as contribution towards the government target of 30% by 2010 among other out comes.
