UN General Assembly
2023

In developing countries, we also have a responsibility to be accountable for the quality of our financial governance and the management of our natural resources. Increasing access to finance also requires reform of our global financial institutions. In that regard, we welcome the proposals of the Bridgetown Initiative, as well as the Paris Summit for a New Global Financing Pact. Rwanda also supports the second replenishment of the Green Climate Fund to create the fiscal space for vulnerable nations to tackle climate change. Africa and small island developing States, many of which are represented in the Commonwealth, want to work with partners and be part of the solution. That is an important outcome of the recent Africa Climate Summit, held in Nairobi under the leadership of President William Ruto.