How to spend 5 billion dollars? Prioritising climate change adaptation measures in Rwanda
This study has reviewed the benefit to cost ratios for the 24 adaptation interventions in Rwanda's Nationally Determined Contribution (NDC) and finds that nearly all of them have positive ratios, though some offer better value for money than others.
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Watkiss et al Policy report August 2022
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- Rwanda has an ambitious updated Nationally Determined Contribution (NDC) that identifies USD 5.4 billion of adaptation priorities by 2030, of which 40% are unconditional. i.e., to be funded domestically.
- Current analysis indicates a large financing gap (domestic and international) for these NDC actions. This leads to a question of which adaptation measures to prioritise.
- This study has reviewed the benefit to cost ratios for the 24 adaptation interventions in the NDC and finds that nearly all of them have positive ratios, though some offer better value for money than others.
- The study has also reviewed the NDC adaptation options for their green recovery potential, in terms of stimulating the economy and providing jobs.
- A number of adaptation options score positively against both these criteria. Such information may be useful in helping to prioritise and sequence adaptation resources for Rwanda in the near-term.