Nairobi primed to attract billions in climate investment

Nairobi has the potential to attract Sh871.59 billion ($8.5 billion) fresh investments in climate change-aligned projects in just a decade, a new report suggests, putting the Kenya’s capital among top cities likely to reap from multitrillion-dollar green financing.

International Finance Corporation (IFC) — the World Bank Group's private sector lending arm — says investment opportunities for Nairobi are largely in electric vehicles, public transport, and green buildings.