Eni and the government of Rwanda have signed a 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.
Luigi Ciarrocchi, CCUS, forestry and agro-feedstock director at Eni, said, “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.”