How Kenyan start-ups can boost green finance access

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Africa’s startup ecosystem is still widely dominated by fintech firms, despite the growth in climate financing. PHOTO | SHUTTERSTOCK

Despite the growth in the number of financial institutions extending funding to climate-conscious ventures, many start-ups still struggle to access green finance from formal sources.

This is partly because they do not know how to approach the financial services providers, which makes them receive poor risk evaluation scores.

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Note: The results are not exact but very close to the actual.