One glaring example of the lack of commitment to fighting climate change is the proposal to slap a 16 per cent VAT on solar, wind and geothermal inputs.
With the Finance Bill, the currently zero-rated electric buses and bicycles are on the fast track to becoming exempt, with standard VAT looming on the horizon.
In recent years Kenya has been talking big about becoming the regional and continental leader in achieving net-zero emissions by 2050 and building climate resilient economy and communities.
Under the Long-Term Low-Emission Development Strategy (LT-LEDS) launched in 2023, the Government focus is on strategies for reducing emissions across various sectors, including energy, industry and agriculture. This net-zero target aligns with the global effort to limit global warming to below 2o Celsius and pursue efforts to limit it to 1.5o Celsius.
