Mozambique gets US$2-billion from France for renewable energies, sustainable tourism and fishing

Segolene-Royal
On Friday 5 August, the French Minister for the Environment, Energy and Sustainable Development, Ségolène Royal, announced that Mozambique is one of the African countries that will benefit from an investment of US$2-billion from France for environmental conservation.

Minister Royal spoke to journalists on the side-lines of a meeting with President Filipe Nyusi in Maputo. The French minister said that the funds are intended specifically for projects in renewable energy, sustainable tourism and exploitation of resources – particularly fishing.

The funding was announced in December last year by the French head of state, Francois Holande, as the country’s contribution to a US$10-billion fund from the international community in the area of environmental protection in Africa within the framework of the commitments made at the Paris Climate Summit.

Source: O País

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