Road to debt for nature swaps

Mangrove at a coast in Lamu, Kenya.

Photo credit: File | Nation Media Group

From the peaks of Mount Kenya to the blue shores of the Indian Ocean, Kenya is home to a wide array of ecosystems including forests, marine and inland waters, arid lands, wetlands and rangelands. Kenya’s rich biodiversity is home to a variety of plant and wildlife which offer natural capital, crucial to the development of the society and Kenya’s economy.

According to Kenya’s Sixth National Report to the Convention on Biological Diversity (2020) about 42 percent of Kenya’s gross domestic product (GDP) and 70 percent of employment is derived from natural capital mainly in the sectors of agriculture, forestry, fisheries and tourism.

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