Kenya needs a Green Development Finance Institution now more than ever to address climate shocks and ensure sustainable economic growth, according to Deputy Director Portfolio Management at Kenya Development Corporation, Erastus Njoroge. The country's current growth model is increasingly vulnerable to environmental degradation, necessitating a shift towards greener investments.

• Kenya's economic debate needs to shift from mere growth rates and deficits to focus on the endurance and sustainability of its growth.
• Green investments, though economically sound long-term, struggle to attract conventional capital due to dispersed benefits and misunderstood risks.
• Successful models in South Africa (DBSA), the UK (Green Investment Bank), and the US (Connecticut Green Bank) demonstrate how dedicated public finance can mobilize billions in private green investment.
• A Green Development Finance Institution will reduce long-term fiscal risk, crowd in private capital by reducing perceived risk, and protect citizens from environmental hazards.