Kenya has taken a decisive step towards green growth and climate resilience after the Kenya Development Corporation (KDC) and the World Bank advanced plans for a landmark Green Investment Fund aimed at mobilising private capital and strengthening small and medium-sized enterprises (SMEs).
KDC on Tuesday hosted senior World Bank officials for a high-level progress review of Component 3 of the Kenya Jobs and Economic Transformation (KJET) Project, alongside the Supporting Access to Finance and Enterprise Recovery (SAFER) Project. The engagement focused on implementation readiness, governance frameworks, and scaling opportunities for climate-aligned financing.
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