Kenya needs $62bn (£46bn) to mitigate and adapt to the climate crisis in the next 10 years, according to a government document sent to the UN framework convention on climate change. It equates to almost 67% of Kenya’s GDP. The report illustrates the scale of the challenge as the country aims to cut greenhouse gases by 32% within the next decade. It will rely on international sources to fund close to 90% of the expenditure. Securing such a colossal amount of often contentious climate financing from rich countries yet to honour their commitments to the $100bn target pledged during the 2015 Paris agreement will be a tall order.
Guardian 8th Jan 2021 read more »