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How to drive social impact through green financing
National Treasury and Planning principal secretary Julius Monzi Muia (L), Kenya Bankers Association (KBA) director of communications and public affairs Nuru Mugambi and National Treasury and Planning senior policy advisor, climate finance during a breakfast event at the Intercontinental Hotel in Nairobi on October 3, 2019 to mark Kenya’s first ever certified corporate green bond. FILE PHOTO | NMG
The green bond market has recorded exponential growth globally in the recent years.
Characterised by the same features of the traditional bonds, the ability for green bonds to raise capital for projects in sustainable infrastructure, renewable energy, energy efficiency, green transport and waste-water treatment creates a path towards achievement of Sustainable Development Goals for Africa.
