Kampala, 3 November 2026. The Ministry of Water and Environment (MWE) has partnered with Uganda Development Bank (UDB) to support the financing of Uganda’s Pavilion at COP31 in Antalya, Türkiye. The collaboration was formalised through the signing of a Memorandum of Understanding (MoU) during the Pre-COP31 National Forum held at Silver Springs Hotel Bugolobi.
Uganda Development Bank committed a total of two hundred million (200,000,000) Uganda Shillings reaffirming the UDB’s commitment as the lead sponsor of Uganda’s Pavilion.
The sponsorship was acknowledged by the Minister of State for Environment, Hon. Beatrice Anywar Atim, during the Pre-COP31 National Forum, highlighting the importance of Government working alongside national development finance institutions to advance Uganda's climate and development agenda.
The Minister emphasised that Uganda is positioning itself as a Climate Investment Hub, this collaboration demonstrates the value of bringing together climate policy, development finance and investment to accelerate the transition towards a resilient and green economy.
This partnership goes beyond supporting Uganda’s presence at COP31. It provides a platform to showcase the country's climate investment opportunities, engage potential investors and development partners, and build connections that can translate national climate priorities into bankable projects.
The Chief Economist and Director for Economic Research and Knowledge Management at UDB, Dr. Francis Mwesigye while representing the Executive Director informed that through its Climate Finance Facility and Climate Finance Unit, UDB is also strengthening its role in supporting investments in climate-resilient agriculture, sustainable industrialisation, renewable energy, green mobility and resilient infrastructure.
The Assistant Commissioner Adaptation and mitigation Muhammad Semambo appreciated Uganda Development Bank for this partnership and its commitment to advancing Uganda's climate investment agenda.
He re-echoed, we are turning climate commitments into investment opportunities and partnerships into action. He also beseeched all stakeholders to interest themselves in this partnership as we strive to showcase Uganda as a development hub for low-carbon and resilience investments