14/08/2026
The Kenya Development Corporation says the fund will help channel investment into renewable energy, climate-resilient businesses and sustainable development projects that often struggle to secure financing.
The announcement comes as climate change continues to impose heavy economic costs on the country. Kenya estimates it will need around US$56 billion between 2031 and 2035 to deliver its climate commitments, far beyond what public resources alone can provide. �
Green Finance.docx
Supporters say the new fund could help bridge the gap by attracting private investment, supporting innovative green enterprises and accelerating projects that reduce emissions while strengthening resilience to climate impacts.
As climate risks grow, access to finance may become one of the most important tools for turning climate ambition into action.
READ: https://big3africa.org/2026/08/14/kdc-plans-kenyas-first-green-fund-as-climate-financing-gap-widens/
Kenya Development Corporation (KDC) plans to establish what it describes as the country’s first green fund, marking a significant shift in Kenya’s efforts to finance renewable energy, climate-resilient enterprises and environmentally sustainable development.