Aligning Kenya’s Financial System with Inclusive Green Investment : Current Practice and Future Potential to Mobilize Investment in a Sustainable Economy

Bjerborn Murai, Cecilia ; Kirima, Wanjiru

International Finance Corporation, Washington, D.C.

关键词: FINANCE;    MONEY;    DEVELOPMENT;    STRUCTURE;    GROWTH;   

RP-ID  :  112806

学科分类：社会科学、人文和艺术（综合）

来源: World Bank Open Knowledge Repository

【 摘 要 】

Kenya’s fast-growing economy is thelargest in East Africa, and serves as a trade and investmenthub for East and Central Africa. While the economy isdiversifying, it remains largely dependent on naturalresources. Agriculture and tourism account for nearly halfof gross domestic product (GDP).This report aims to promoteinclusive green investment in Kenya. It focuses on policy,structural, and investment innovations across the economyand financial sector that would increase capital flows thatsupport sustainable development. Inclusive green investmentforms an important part of the broad environmental, social,and governance (ESG) considerations that underpinsustainable investment. Green investment supports economicgrowth in a clean, resilient, and sustainable manner – suchas initiatives to encourage more efficient use of resources,reduce pollution, and mitigate environmental damage.Inclusive investment serves not only investors, but thebroad interests of society, particularly low-income segmentsof the population.