climate resilience
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NEWS
Innovative Financing Emerges as Africa’s Key to Food Security and Climate Resilience
Few sectors offer Kenya as much unexplored potential as agriculture does. Despite contributing to over a quarter of the country’s GDP, supplying millions of Kenyans with sustenance and employment opportunities, the sector still remains under-developed and under-funded. Even as the global demand for safe, high-quality food rises and climate shocks intensify, the agriculture sector receives less than five percent of total…
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NEWS
Victoria Commercial Bank Secures $7.5M Green Financing Facility to Support SMEs’ Low-Carbon Transition
Victoria Commercial Bank PLC (VCB) has announced the successful closure of a USD 7.5 million green financing facility with Symbiotics, a leading global platform for impact investing. The facility, funded through the BII Green Basket Bond, a partnership with British International Investment (BII), the UK’s development finance institution, will be dedicated exclusively to financing eligible green projects across Kenya. The…
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CLIMATE CHANGE
NCBA Forum Highlights Climate Resilience as Key to Future-Proofing Businesses
NCBA recently convened its commercial banking customers for a high-level forum aimed at equipping entrepreneurs with strategies to withstand emerging risks, with climate change taking center stage. Over 100 business leaders gathered to deliberate on how enterprises can future-proof their operations against climate shocks, while also addressing interconnected risks such as cybercrime, fraud, and employee liability. Kenya continues to experience…
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CLIMATE CHANGE
Madagascar launches $7 million initiative to protect coasts from climate change
Madagascar has officially launched a landmark initiative aimed at enhancing climate resilience by restoring critical coastal ecosystems and improving livelihoods across vulnerable regions. Nearly 100,000 people are expected to benefit directly across four key coastal regions—Boeny, Menabe, Diana, and Atsimo Atsinanana—where climate impacts are already threatening both livelihoods and biodiversity. The project, Scaling Up Ecosystem-Based Adaptation for Coastal Areas in Madagascar, will…
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