Kenya will benefit from Ksh600 billion climate funding which will go into various climate change related investment across the African continent.
This was announced today by the Cop28 President designate Sultan Al Jaber at the ongoing African climate summit in Nairobi on Tuesday 5.
Al Jaber also stated that it’s only those countries with clear and long term transition and investment plans which are going to receive the climate funding.
According to Al Jaber the investment plans must have good policies and regulatory frameworks that will focus on priority areas.
He also pointed out that the sub- Saharan Africa is still lagging behind the development due to lack of sustainable energy with at least 600 Million people are still living without electricity.