Kenya: Climate Financing Gap Reaches 79 Percent

The African Centre for Technology Studies (ACTS) has said that the widening gap in climate change financing among African countries is increasing the dangers of global warming.

Development Diaries reports that the Climate Change Programme Lead for ACTS, Joel Onyango, highlighted the issue at the launch of the ACTS Pathways Academy, a resource training centre for action on climate change empowerment, in Nairobi.

It is understood that Kenya is facing a 79 percent climate change financing gap amidst increasing global warming effects that are causing havoc in developing countries.

According to Onyango, Kenyans have little security against intense climate effects as they have few resource reserves, poor housing, and depend on natural resources for daily living.

‘Kenya is already feeling the effects of Climate change’, Onyango said at the launch.

‘The widespread poverty, recurrent droughts, and floods, coupled by inequitable land distribution, overdependence on rain-fed agriculture, and limited coping mechanisms all combine to increase people’s vulnerability to climate change’.

In 2022, millions of Kenyans faced hunger and thirst due to four consecutive failed rainy seasons as a result of the ongoing climate crisis.

‘It is important for the country to continue implementing strategies that contribute to mitigation and adaptation to the negative impacts of climate change in order to protect its citizens and economy’, Onyango added.

Also speaking, Africa Development Bank (AfDB) Climate Change Expert, Winnie Mutai, said the lack of understanding about the effects of climate change has contributed to the huge climate change financing gap.

Photo source: World Bank

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