Kenya banks on private sector to scale up green financing

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Kenya banks on private sector to scale up green financing

STORY: Kenya banks on private sector to scale up green financing DATELINE: Aug. 1, 2023 LENGTH: 00:02:32 LOCATION: Nairobi CATEGORY: ECONOMY/ENVIRONMENT SHOTLIST: 1. various of conference banners 2. various of conference exteriors 3. various of conference 4. SOUNDBITE 1 (English): SOIPAN TUYA, Cabinet secretary in the Ministry of Environment, Climate Change and Forestry 5. various of attendees at the conference 6. SOUNDBITE 2 (English): ELIZABETH MREMA, UNEP's deputy executive director 7. various of attendees at the conference STORYLINE: The Kenyan government has come up with a raft of policy and regulatory incentives to encourage the private sector to invest in the green economy and tame the escalating climate crisis, a senior official said Monday. Soipan Tuya, cabinet secretary in the Ministry of Environment, Climate Change and Forestry, said that by tapping into capital, technology and skilled manpower from the local private sector, the country's green transition will be accelerated. "We are committed

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