Climate Finance (CF) is critical to Kenya’s full realisation of the policy goals as set out in the sustainable development goals (SDGs), the 2015 Paris Agreement and the African Union Agenda 2063.
This policy brief draws on the discussion paper published in August 2019 to provide some options for strengthening climate financing strategies for Kenya. The paper shows that Kenya’s climate finance policy and institutional arrangements are well developed.
The country has been able to attract a reasonable amount of funds but is still falling below its targets. In order to enhance its climate finance prospects the country now requires a shift in investment from policy frameworks to developing skills and capabilities that can deliver competitive and bankable projects and programmes able to include technological systems.