Nairobi Sees Major Boost in Climate Finance with EIB-CBK Partnership
Dive into the groundbreaking collaboration between the European Investment Bank (EIB) and the Central Bank of Kenya (CBK) as they join forces to elevate climate finance in Kenya. From incorporating climate risk into regulatory frameworks to developing a green taxonomy, this initiative sets a precedent for East Africa. Get insights into how this partnership is reshaping Kenya’s financial sector towards sustainability and contributing to global climate goals.
Space Intelligence to Map Kenya and Tanzania for Carbon Markets
Space Intelligence, in partnership with Verra, is set to map Kenya and Tanzania for Verified Carbon Standard projects, revolutionizing the approach to baseline deforestation estimates. This innovative initiative utilizes AI technology and the consolidated REDD methodology to create precise maps of forest change. By centralizing the baseline creation process, Verra aims to bolster the integrity and transparency of carbon markets, redirecting climate finance to at-risk forests.