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Uganda launches bold climate-finance agenda as new strategies move ’From Ambition to Action’

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Uganda has unveiled a set of climate-finance strategies designed to turn years of policy ambition into concrete action, as the country commits to building a low-carbon and climate-resilient future.

The Government, through the Ministry of Finance, announced the rollout of the National Climate Finance Strategy 2025–2030, a blueprint intended to guide the country’s transition by strengthening governance, accountability, and coordination across public and private sectors. 

Officials said the strategy will direct climate finance toward interventions that not only curb emissions but also protect communities already feeling the impacts of climate change.

The launch also featured the introduction of Uganda’s first National Green Taxonomy, a framework developed to steer investments into environmentally sustainable activities while eliminating the risk of greenwashing. Authorities noted that the taxonomy will help financial institutions, investors and project developers clearly identify what qualifies as genuinely green, ensuring that climate-related funding is spent where it has real impact.

Another key document released is the Country Climate and Development Report, which details how climate change intersects with Uganda’s long-term development vision. The report emphasises that climate action must be central to the country’s aspirations for economic transformation, stressing that unchecked climate risks could undermine decades of progress in agriculture, infrastructure, tourism and human development.

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In a move aimed at strengthening the financial sector’s readiness, government also unveiled Guidelines for Mainstreaming Climate Action in Financial Institutions. Officials explained that the guidelines are intended to embed climate-risk assessments and climate-smart investment principles into routine banking and insurance operations. They argued that the financial sector cannot remain on the sidelines as climate impacts intensify.

To cap the reforms, the National Climate Finance Vehicle was launched as a mechanism to mobilize, coordinate and channel both domestic and international climate finance toward priority mitigation and adaptation projects. Authorities described the vehicle as a major milestone, saying it will help close the climate-finance gap and ensure more predictable funding for Uganda’s nationally determined contributions and sustainable development goals.

Uganda’s progress is already attracting external support. The country has secured $100.8 million from the Green Climate Fund for more than thirteen projects, including $4.6 million to bolster readiness and capacity. 

Through its partnership with the Global Environment Facility, Uganda recently received an additional $11.5 million for initiatives aimed at building low-carbon, climate-resilient systems in livestock, energy, water, sanitation, and rural livelihoods.

The recently published “From Ambition to Action” report reinforces these developments, outlining the need to scale up climate-smart agriculture, renewable energy expansion, green infrastructure and climate-informed planning. It stresses that Uganda must embed climate considerations in every sector to protect vulnerable communities and ensure long-term economic stability.

While the new structures mark significant progress, their success will ultimately depend on sustained political will, robust governance, and active participation from the private sector. As implementation begins, the spotlight now turns to how effectively Uganda can translate these tools into real-world resilience and green-growth outcomes.

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