Kenyan lenders take front seat in green growth - News Summed Up

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Kenyan lenders take front seat in green growth


By JAMES NGUNJIRIMore by this AuthorGlobal pre-occupation with climate change is a rather recent phenomenon especially in developing countries. Domestication of climate change agenda is fully entrenched in law, as reflected in the Bill of Rights in the Constitution. The guiding principles were formerly adopted on March 31, 2015 by the KBA member banks as an industry-wide policy. Experts opine that it is time Kenya identified “green finance” as a niche the country could build competencies and make the proposed Nairobi International Centre of Excellence in Green Finance a reality. The country already has an impressive track record in clean energy financing and development that it accounts for the dominant part of national power supply.


Source: Daily Nation February 13, 2018 09:56 UTC



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