Kenya Targets Up to Sh150bn in Biodiversity Financing Under New Biofin Programme

Nairobi — Kenya is seeking to mobilise between Sh100 billion and Sh150 billion in nature-based financing over the next decade through the newly launched Biodiversity Finance Initiative (BIOFIN), as the country steps up efforts to address its growing biodiversity funding gap.

The programme brings together the Government of Kenya, private sector actors, civil society organisations, development partners, academia, and the media, and is convened by the United Nations Development Programme (UNDP) and…