Treasury gets new cash cow in climate financing billions

Submerged section of what was once the bank of Lake Naivasha. Rising water levels is due to climate change. FILE PHOTO | NMG

The Treasury has netted more than Sh200 billion through climate finance initiatives, helping to offset part of its budget funding requirements and easing fiscal pressures.

Over the past year, for instance, the Exchequer has tapped into various climate-related funding programmes allowing it access to billions of shillings for budget support.

PAYE Tax Calculator

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