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Kenya to raise Sh129.2 billion from climate-linked loans
Climate resilience becomes balance-sheet protection against escalating shocks. African pension funds with substantial untapped capital seek exactly these bankable green pipelines.
Kenya is aiming to raise Sh129.2 billion ($1 billion) from the issuance of sustainability-linked instruments, including loans and bonds, over the next two years as the country pushes for cheaper financing options.
The National Treasury, which published the Kenya Sovereign Sustainability-Linked Financing Framework last week, is expected to issue the securities in two equal tranches, starting September, 2026, according to disclosures by the World Bank.
