Central bank says working on rules for green bonds

The Central Bank of Kenya (CBK) building in Nairobi. FILE PHOTO | NMG

Central Bank of Kenya (CBK) Governor Patrick Njoroge has said guidelines for banks to float green bonds are being finalised and will create a ‘patient’ funds pool for farmers.

Dr Njoroge said banks as well as impact investors will have a new investment vehicle that not only presents them with a ready source of high returns, but supports food production.

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