Rwanda: Carbon offset firm to help reverse deforestation
Kigali: A Canadian carbon offset development company plans to invest US$17m on reforestation projects in Rwanda over the next 20 years, one of its senior officials said.
A view of Rebero, north of Kigali © Ann Weru/IRIN
Ecosystem Restoration Associates (ERA) has signed a Memorandum of Understanding (MOU) with Rwanda's Multisector Investment Group Ltd, which finances small-to-medium sized companies and will act as the local implementer of the offset programme.