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Kenya among countries to benefit from Sh43bn Climate Investment Fund

President William Ruto

President William Ruto addressing the COP 27 meeting in Sharm El-Sheikh, Egypt.

Photo credit: PCS

Kenya is among the first countries that will receive funding from Nature, People and Climate Investment programme (NPC), a newly launched initiative by Climate Investment Fund (CIF).

The announcement was made by CIF CEO Mafalda Duarte at the ongoing COP27 in Sharm el-Sheikh in Egypt where she congratulated the first group of countries that will be collectively receiving more than US$350 million (about Sh42.6 billion) fundraised by Italy, the United Kingdom and Sweden.