In the wake of the COVID-19 pandemic, Kenya has embarked on a low-carbon, resilient recovery plan. However, a recent study that tracked climate finance flows in the country revealed that only one-third of needed annual climate finance flowed to climate-related investments in 2018, and only 20% of the finance tracked flowed to adaptation investments.
The main constraints that these sectors face in Kenya are limited knowledge and/or lack of information around adaptation activities at the sectorial level, lack of technical and financial capacity to implement, and high setup costs and lead times that reduce the feasibility of investments.
This report highlights three innovative financial structures that have the potential to transform livelihoods and sustain projects at the local level. They focus on currently underfunded adaptation sectors by providing blueprints with replicable and scalable characteristics that are designed to mobilize private capital.
Related Case Studies
