Kenyan climate-fintech platform Peercarbon aims to help SMEs integrate sustainability into their operations, by cutting emissions and accessing green finance. Founded in 2023, Peercarbon offers science-based tools to enable businesses to measure, manage and reduce their CO2 emissions, and then connects these businesses with lenders who prioritise green finance. These tools empower finance providers to structure and service green finance products for business customers, allowing them to report the impact of the financing to stakeholders. “These SMEs are eager to leverage the platform to access green finance for transitioning into more sustainable operations. “This reflects the practicality and acceptance of Peercarbon’s offerings in the sustainable finance landscape,” Maiyo said.

Source: The North Africa Journal February 13, 2024 07:15 UTC