[guided]The point of this step is to justify the statement that Ricci curvature is unchanged by multiplying the metric by a positive constant. This is not because every curvature object is unchanged; it is specifically true for the Ricci tensor viewed as a $(0,2)$-tensor.
Let $h$ be a Riemannian metric on $M$, and define the scaled metric $\tilde h := \lambda h$. We compare the two Levi-Civita connections in a coordinate chart $(U,\varphi)$ with coordinates $(x_1,\dots,x_n)$. Write $h_{ij}$ and $\tilde h_{ij}$ for the metric coefficients, and write $h^{ij}$ and $\tilde h^{ij}$ for the entries of the inverse metric matrices. Since $\tilde h=\lambda h$, we have
\begin{align*}
\tilde h_{ij}=\lambda h_{ij}.
\end{align*}
Inverting the matrix multiplies by the reciprocal scalar, so
\begin{align*}
\tilde h^{ij}=\lambda^{-1}h^{ij}.
\end{align*}
Because $\lambda$ is constant in space, differentiating the metric coefficients gives
\begin{align*}
\partial_{x_k}\tilde h_{ij}
=
\lambda\,\partial_{x_k}h_{ij}.
\end{align*}
Now compute the Christoffel symbols using the coordinate formula for the Levi-Civita connection. For $\tilde h$,
\begin{align*}
\tilde\Gamma_{ij}^k
=
\frac{1}{2}\sum_{\ell=1}^n\tilde h^{k\ell}\left(\partial_{x_i}\tilde h_{j\ell}+\partial_{x_j}\tilde h_{i\ell}-\partial_{x_\ell}\tilde h_{ij}\right).
\end{align*}
Substituting $\tilde h^{k\ell}=\lambda^{-1}h^{k\ell}$ and $\partial_{x_m}\tilde h_{pq}=\lambda\partial_{x_m}h_{pq}$ gives
\begin{align*}
\tilde\Gamma_{ij}^k=\frac{1}{2}\sum_{\ell=1}^n\lambda^{-1}h^{k\ell}\left(\lambda\partial_{x_i}h_{j\ell}+\lambda\partial_{x_j}h_{i\ell}-\lambda\partial_{x_\ell}h_{ij}\right)=\Gamma_{ij}^k.
\end{align*}
The factor $\lambda^{-1}$ from the inverse metric cancels exactly with the factor $\lambda$ from differentiating the scaled metric coefficients. Therefore the Levi-Civita connections of $h$ and $\tilde h$ are the same.
Define $\operatorname{Rm}^{(1,3)}_h$ and $\operatorname{Rm}^{(1,3)}_{\tilde h}$ to be the Riemann curvature tensors of $h$ and $\tilde h$ with one contravariant and three covariant slots. Since this tensor is defined from the connection and its first derivatives, equal connections give equal $(1,3)$ curvature tensors:
\begin{align*}
\operatorname{Rm}^{(1,3)}_{\tilde h}
=
\operatorname{Rm}^{(1,3)}_h.
\end{align*}
The Ricci curvature is the trace of this $(1,3)$ curvature tensor in the first and third slots, so the trace is also unchanged:
\begin{align*}
\operatorname{Ric}_{\tilde h}
=
\operatorname{Ric}_h.
\end{align*}
Now take $h=g(\tau(s))$ and $\tilde h=g_\lambda(s)=\lambda g(\tau(s))$. The scaling result gives
\begin{align*}
\operatorname{Ric}_{g_\lambda(s)}
=
\operatorname{Ric}_{g(\tau(s))}.
\end{align*}
Because $\lambda>0$, multiplying the positive definite metric $g(\tau(s))$ by $\lambda$ gives another positive definite metric. Also, $g$ is smooth as a curve of metrics on $I$, and $\tau$ is a smooth affine map from $I_\lambda$ into $I$, so the composite-rescaled curve $s \mapsto g_\lambda(s)=\lambda g(\tau(s))$ is smooth on $I_\lambda$.
It remains to connect this Ricci-scaling identity with the rescaled time variable. Define the affine map $\tau: I_\lambda \to I$ by $\tau(s)=t_0+s/\lambda$. Since $g$ is a smooth curve in $\Gamma(S^2T^*M)$ and $\tau'(s)=1/\lambda$, the chain rule, interpreted one-sidedly at endpoints of $I_\lambda$, gives
\begin{align*}
\partial_s g_\lambda(s)
=
\partial_s\bigl(\lambda g(\tau(s))\bigr)
=
\lambda\cdot\frac{1}{\lambda}\,\partial_t g(\tau(s))
=
\partial_t g(\tau(s)).
\end{align*}
Because $g$ is a Ricci flow on $I$, this becomes
\begin{align*}
\partial_s g_\lambda(s)
=
-2\operatorname{Ric}_{g(\tau(s))}.
\end{align*}
Substituting the Ricci scaling identity yields
\begin{align*}
\partial_s g_\lambda(s)
=
-2\operatorname{Ric}_{g_\lambda(s)}.
\end{align*}
Thus $g_\lambda$ satisfies the Ricci flow equation on the rescaled interval $I_\lambda$.[/guided]