This section explores financial solutions and investments that support a low-carbon, climate-resilient, and sustainable economy. Here, we highlight innovations in green economy, climate finance, carbon markets, and environmental funding that drive positive impact for people and the planet.
Environmentalists and climate justice advocates have raised questions about how Kenya frames its climate resilience strategy after the counties of Kiambu, Nairobi and Mombasa were excluded from the latest disbursement of KES 11.2 billion in climate financing under Kenya’s Financing Locally-Led Climate Action (FLLoCA) programme.
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In Marereni, Kenya, a marine biodiversity credit program by Seatrees and COBEC is restoring mangroves and livelihoods. Through $3 “biodiversity blocks,” locals plant trees, boost incomes, and rebuild coastal resilience. Despite challenges, the project reports high survival rates and rising fish stocks.
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Green skills refer to the knowledge, abilities, values, and attitudes needed to live in, develop, and support a sustainable and resource-efficient society. In Kenya, these skills are emerging as a critical pillar for building climate resilience across all level
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A new report by African climate think tank Power Shift Africa is sounding the alarm: carbon markets—long championed as tools to fight climate change—could actually fuel emissions, deepen global inequality, and leave Africa grappling with long-term environmental and social consequences.
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Kenya’s commitment to climate action continues to be put to doubt, with the recent move by parliament to slash climate change funding by 50 percent to counties risking to erode gains made in combating the adverse effects of climate change in the country. In the current financial year,…
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Kenyan MPs want Green Climate Fund money used locally to benefit communities, not foreign consultants. They’re pushing for greater involvement in climate projects like FLLOCA and demanding accountability in fund allocation and use.
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According to the Financial Sector Deepening Kenya (FSD Kenya) Trust, the main reason for counties paralysis in unlocking green financing is continued heavy reliance on grants rather than exploring other financing models such as green bonds, concessional loans, and blended finance.
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Kenyan banks are racing to increase the amount of loans advanced to environmentally friendly projects as the country and the world battle to minimize the impact of climate change by increasingly financing to less harmful projects.
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Economists say that African economies and their central banks need to transform the financial system to mobilize investments to address the climate crisis, which is expected to hit agriculture, water, energy and tourism in Kenya, denting economic output by more than 7% by 2050 if the country does…
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According to National Environment Management Authority (NEMA) Director General Mamo B. Mamo, the Kenyan government is accelerating the development of three key regulations to activate carbon markets. Following the recent Climate Change Act of 2016 amendment, governance measures for both carbon markets and non-markets have been established.
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