Low-Carbon
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NEWS
Nairobi’s Kamukunji Tapped as Global Test Case for Low-Carbon Urban Development
In the crowded streets of Kamukunji, one of central Nairobi’s most densely populated districts, a multimillion-dollar experiment in sustainable urban development is about to begin. The five-year programme, backed by a $5.2 million grant from the Global Environment Facility (GEF), aims to remake the neighbourhood into a low-carbon, climate-resilient community, while making the case that the same approach can be…
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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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