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Kenya targets Sh19.4trn nature finance in new UN-backed fund
Treasury Principal Secretary Chris Kiptoo addresses MPs during the 2026 Legislative Retreat at Lake Naivasha Resort, Nakuru County, on January 29, 2026.
Photo credit: Boniface Mwangi | Nation Media Group
Kenya seeks to mobilise up to $150 billion (Sh19.4 trillion) in nature-related financing over the next decade to close a widening biodiversity funding gap and strengthen the country’s case for sustainable investment.
An UN-backed programme dubbed the Biodiversity Finance Initiative (BIOFIN) will serve as a national platform to mobilise between Sh12.9trillion($100 billion) and Sh19.4 trillion ($150 billion) in financing opportunities tied to biodiversity conservation and sustainable use of natural resources.
