State Minister for Water, Dr Mary Goretti Kitutu says Ugandas membership to the Global Green Growth Institute will help to solicit financing for environmentally friendly projects in areas of transport, Water management, Agriculture and energy developments.
State Minister for Water, Dr Mary Goretti Kitutu says Uganda's membership to the Global Green Growth Institute will help to solicit financing for environmentally friendly projects in areas of transport, Water management, Agriculture and energy developments.
She was one of the Panelists on Water and Environmental management as one of the Global Green Growth Week activities in Addis Ababa, Ethiopia where she outlined Uganda's policies on environment and water management.
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Though lauded, Uganda's environmental policies have not been put into action. One of the government's plans according to Kitutu is to restore the degraded wetlands by relocating those occupying them.
She, however, says money allocated to the environment sector is not adequate to fund wetland restoration.
She, in an interview, said that Uganda, through the Global Green Growth Institute would easily develop a bankable project so as to access wetland and forest conservation fund from the Green Climate Fund.
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Countries like Ethiopia that have been members of the Global Green Growth Institute have put in place policies aimed at sustainable utilization of their natural resources in order to attain middle-come status by 2025.
Some of Ethiopia's latest developments include the Grand Renaissance 6000MW hydropower dam on the Nile. Dr Frank Rijusberman, Director General, Global Green Growth Institute told URN that his institute is ready to work with Uganda as long as the government is committed to pursuing green growth.
The Global Green Growth Institute recently helped Ethiopia to attract over USD 180 million (653 billion Shillings) private sector financing in the environment. Frank Rijusberman told URN that institutions and private sector players are willing to fund environmental projects.
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Green growth has been identified as one of the vehicles that countries can use to achieve some of the sustainable development goals. The most important issue in green growth is that countries should attain growth but one that will not negatively impact the environment.