News listings

energy-pedia climate change

Rwanda flagRwanda

Middle East / Africa >>> Rwanda

Rwanda: Eni and the Government of Rwanda sign a MoU on cooperation in the circular economy and decarbonisation value chain


11 Apr 2022

Photo - see caption

The parties will develop a roadmap to pursue key business opportunities in the energy transition

Eni and the Government of Rwanda have signed a Memorandum of Understanding (MoU) to identify collaborative opportunities in the areas of circular economy, agriculture, forestry, innovation and digital information technology.

Under the terms of the MoU, the two parties will evaluate the feasibility of circular economy projects focused on collecting used cooking oil and waste oils, waste management valorisation and recycling. The fields of interest also include agriculture, especially bio-feedstock production and the transformation into decarbonised products. This is in addition to forestry, especially forest conservation and generation of carbon credits through a wide range of initiatives, such as reducing CO2 emissions from the wood-fuel value chain and other service activities.

Other sectors of cooperation under the MoU include innovation and digital information technology targeting circular economy, agriculture, forestry, off-grid energy, and other business areas, such as sustainability, health, safety, security and environment.

The MoU aligns with Rwanda’s goal to fast-track economic development by enabling private sector growth and Eni’s commitment to increasing energy efficiency in African countries, leveraging agro-industrial projects in a sustainable framework.

Luigi Ciarrocchi, CCUS, Forestry and Agro-Feedstock Director at Eni said:

'Thanks to the MoU, we will develop a solid roadmap to deliver on the energy transition in areas where both Eni and Rwanda are at the forefront. The business model we are willing to implement  in Rwanda focuses on long-term value creation for all stakeholders, combining economic, financial and environmental sustainability, to improve communities’ quality of life and foster the country’s development in line with the United Nations Sustainable Development Goals'.

Commenting on the signing, RDB CEO, Clare Akamanzsi said:

'The government of Rwanda is committed to working with the private sector to ensure sustainable development, which is critical for present and future generations. The partnership with Eni boosts the achievement of this goal. We are hopeful that together we will implement tangible actions that will ensure improved quality of life for our people.'

Eni’s business model focuses on long-term value creation for all stakeholders to contribute to the United Nations Sustainable Development Goals. To this end, Eni is committed to promoting more rational use of fossil sources and greater recourse to circular and renewable sources in compliance with the provisions of the Paris Agreement.

Original article link

Source: Eni





Bookmark and Share


A global information service for upstream oil and gas opportunities - divestitures, farmins and farmouts and licensing rounds.


Subscriber Only Deals

Current Deals

Current Upstream Deals: 277

Completed Deals

Completed Upstream Deals: 6455

Company Profiles

Current Company Profiles: 2886

Corporate Activity

Current Corporate Activity articles: 4034

Companies Looking

Current number of articles: 463

Company Sales

Current Company Sales articles:1620

Geostudies

Current Geostudies articles: 912

How to subscribe

energy-pedia Jobs

RSS Feed Widget
See all jobs...


energy-pedia Databank

The energy-pedia databank contains links to information on the world financial and energy markets, including share prices, oil and gas prices and the global stock exchanges. Read more...



energy-pedia Glossary

A list of commonly used terms in the oil and gas industry. Read more...

Subscribe

Subscribe to the FREE
energy-pedia Daily Newsletter
Subscribe

Union Jack Oil 149
energy365
Rose & Assocs 180
Bayphase
Government of South Australia
Merlin
OPC
Telos NRG
Syntillica
Borchwix
About energy-pedia

energy-pedia news is a FREE news service written and edited by E and P professionals for E and P professionals.

We don't just report the news, we give you the technical background as well, with additional information derived from our unique energy-pedia opportunities service.
Contact us

energy365 Ltd

238 High Street
London Colney
St Albans
UNITED KINGDOM

Tel: +44(0)1727 822675

Email: info@energy-pedia.com