Uganda sets up platform for credible climate investment discussion
Uganda has launched a government-led Climate Investment Platform to coordinate development partners, attract public and private financing, and support bankable projects in nature, energy, agriculture and tourism to strengthen climate resilience and advance green development.
Vice-President Jessica Alupo launches the Uganda Climate Investment Platform as Maj. Gen. (Rtd) Kahinda Otafiire, State Minister for Environment Beatrice Anywar, Margaret Athieno Mwebesa, Uganda Country Platform Coordinator for Climate Action, Gilbert Kimanzi, Commissioner for Multipurpose and Bulk Water Development, and other stakeholders look on at the Marriott Hotel in Kampala on November 5, 2026. (Photo by Juliet Kasirye).
__________________ Vice-President Jessica Alupo launches the Uganda Climate Investment Platform as Maj. Gen. (Rtd) Kahinda Otafiire (third right), State Minister for Environment Beatrice Anywar (fourth left), Margaret Athieno Mwebesa (second right), Uganda Country Platform Coordinator for Climate Action, Gilbert Kimanzi, Commissioner for Multipurpose and Bulk Water Development, and other stakeholders look on at the Marriott Hotel in Kampala on November 5, 2026. (Photo by Juliet Kasirye).
To strengthen coordination and align development partners behind Uganda's climate and development priorities, the Government has set up a climate investment platform that will build a credible climate investment discussion.
The platform, according to the Ministry of Water and Environment, will serve as a critical interface between policy and investment.
The forum intends to connect national fiscal frameworks with sector-level implementation under the Ministry of Water and Environment and other line ministries.
The launch of the Uganda Climate investment platform was launched on Thursday, November 05, at the Marriott Hotel in Kampala under the theme: “Financing Uganda’s Green Future: From Commitment to Impact.”
“Priority will be given to unlocking investment pipelines in the anchor sectors of agro-industrial development, tourism development, science, technology, Information and Communication Technology (ICT) and innovation, while remaining firmly rooted in the water, environment, and natural resources foundation that underpins climate resilience,” explained Okidi at the launch.
A cross-section of development partners attending the launch of the Uganda Climate Investment Platform at the Marriott Hotel in Kampala on November 5, 2026. (Photo by Juliet Kasirye).
Working through existing institutions and systems, Okidi further revealed that the Platform will facilitate matchmaking, strengthen project preparation, improve investment readiness, and foster the partnerships necessary to move from concepts to financed, impactful action.
“Uganda Climate Investment Platform is a collaborative, government-led mechanism that translates this coordination into delivery. The Platform will support, connect and help scale the work already underway in our ministries, departments and agencies, local governments, financial institutions and development partners,” explained Okidi.
The event attracted officials from the Ministry of Water and Environment, Ministry of Finance, Planning and Economic Development, National Planning Authority, Ambassadors, High Commissioners, heads of Development partner agencies, International organisations, and Civil Society Organisations, among others.
Through existing financial institutions and partners, the Vice President, Jessica Alupo, said the platform will support the preparation of bankable climate projects, help connect them with investors, and enable de-risking, so that climate action is profitable and sustainable for our people.
Alupo noted: “The platform will support the building of bankable pipelines of climate-resilient projects in agro-industrial development, tourism, science, technology, Information and Communication Technology, and innovation; and also help our institutions mobilise both public and private capital including blended finance, green bonds, carbon markets, and other innovative instruments.”
Having a Climate Investment Platform, according to Musherure, will strengthen government-led strategic coordination and align development partners behind Uganda's climate and development priorities.
“Our national climate finance strategy and national green taxonomy provide a basis for aligning financing with these priorities. The platform's role must remain strategic. Individual project appraisal and approval, financing decisions, procurement, fund management and day-to-day implementation will remain with the responsible institutions under existing laws and procedures.” Musherure concluded.
The platform will focus on four priority sectors, including Nature, Energy, Agriculture and Tourism, covering areas such as biodiversity, forestry, wetlands and natural capital investments.
In addition, the platform will also prioritise clean energy transition and renewable energy scale-up, climate-resilient food systems and agro-processing value chains, sustainable eco-tourism and green infrastructure.
Uganda, according to Okidi, has long recognised that climate change is not a distant threat but a present and accelerating risk to our people, ecosystems, food systems, water security, and national development aspirations. The impacts are already visible in prolonged dry spells, intense rainfall events, wetland degradation, and pressure on natural capital.
During the launch, he requested all stakeholders to own this Platform, contribute their expertise and resources, and work with them to ensure that climate interventions reach where they are most needed in building resilience, protecting our natural capital, and securing a prosperous, low-carbon future for Uganda.
Okidi’s remarks were contained in his speech delivered by Gilbert Kimanzi, the Commissioner, Department of Multipurpose and Bulk Water Development at the Water Ministry.