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United Kingdom 🇬🇧

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UK TO INVEST $ 7.1 Million dollars in Kenyan green investment

The United Kingdom is set to invest Ksh.1 billion ($7.1 million) for two projects in Kenya as part of a wider package of green investment in Africa. A Tuesday statement from the British High Commission in Nairobi said the British International Investment will announce a Ksh.321 million ($2.1 million) investment to provide solar-powered and water-efficient irrigation systems to 9,000 farmers in Kenya. The project is set to help increase farmers' income as well as build their resilience and adapt to the impact of climate change. ALSO READ COP28: Kenya seeks Ksh.500B to complete 15 billion trees planting initiative When hyenas, elephants rob families of breadwinners: tales of Kajiado's long teeth of pain Kenya bags Ksh.680 billion at COP28 in Dubai “The upfront cost of the irrigation systems will also be reduced by 25-40% through an innovative carbon credit facility, making the systems more affordable for farmers,” the statement reads. Meanwhile, Ksh.765 million ($5 million) will go towards the manufacture of 100 electric buses in Kenya to meet the local demand for affordable but clean public transport. “As they replace diesel-powered polluters, they will stop 5,000 tonnes of CO2 entering the atmosphere every year,” added the statement. The UK has also supported the design and development of President William Ruto’s industrialisation initiative for Africa, the Africa Green Industrialisation Initiative (AGII). The Ksh.12.5 billion Menengai Geothermal project – which is expected to generate 35MW of electricity, providing approximately 750,000 Kenyans with affordable, clean energy and creating 200 jobs during construction, is proceeding to financial close with construction expected to begin shortly after, the High Commission said. https://www.citizen.digital/news/cop28-uk-to-invest-ksh1b-for-solar-irrigation-electric-buses-in-kenya-n332599

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  • CHRIS NGATIA

    47 w

    Great win for the Kenya 👍👍

    3
    • We Don't Have Time

      47 w

      Dear Kevin Your climate love has received over 50 agrees! We have reached out to UK GOVERNMENT by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time

      2
      • walter lungayi

        47 w

        This investment shows the commitment of the UK to supporting sustainable development in Kenya.

        3
        • mercy nduta

          47 w

          Promising investment.

          2
          • Gorffly mokua

            48 w

            Great! But at the end of the day accountability is key!

            4
            • George Kariuki

              48 w

              Continued collaboration between the UK and Kenya on green investments can help to accelerate the transition to a low-carbon economy in Africa. The future looks green.

              1
              • rosebellendiritu

                48 w

                Thank you UK for helping out one of the developing country

                3
                • Grace Njeri

                  48 w

                  It's a welcome move by the UK government.

                  4
                  • Munene Mugambi

                    48 w

                    The investments are required even in the UK not just in other countries

                    3
                    • Princess

                      48 w

                      Such a fantastic initiative 👏.

                      12
                      • rosebellendiritu

                        48 w

                        @princess_nel_268 inorder to have smooth transition,we must commit funds for development

                        2
                      • Rotich Kim

                        48 w

                        Great win to Kenya but Mr president must be held accountable to ensure that such resources is use for it rightfully way

                        12
                        • Princess

                          48 w

                          @rotich_kim Absolutely, accountability is key for the effective and rightful use of resources.

                          2

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