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Green bonds demand forecast to hit Sh91 billion in a decade
From left: Strategic Business Advisors Africa limited (SBA) Principal Consultant John Kashangaki, WWF Regional Sustainable Investment Manager Jackson Kiplagat and Kenya Bankers Association Director Research and Policy Jared Osoro during the launch of demand study on Green Finance by Green Bond Program in Nairobi on December 18, 2018. PHOTO | SALATON NJAU | NMG
Kenya has a demand for climate-friendly bonds amounting to Sh91 billion in the next five to 10 years, newly released research indicates.
The project with the biggest green-financing demand within that period is bus rapid transport (BRT) in Nairobi and Mombasa with the projection that it can raise up to Sh36 billion.
