Ruto pushes expanded climate financing in talks with Green Climate Fund
NAIROBI, Kenya, Feb 15 - President William Ruto has reaffirmed Kenya’s commitment to deepening cooperation with the Green Climate Fund (GCF), as the - Kenya breaking news | Kenya news today | Capitalfm.co.ke..
✨ Key Highlights
President William Ruto has renewed Kenya’s commitment to the Green Climate Fund (GCF), aiming to boost financing for climate-resilient agriculture and low-carbon development. This comes as African nations push for expanded climate financing amidst increasing climate change impacts.
- The GCF is the world’s largest dedicated climate fund, having approved over $16 billion globally for adaptation and mitigation projects.
- President Ruto met GCF Executive Director Mafalda Duarte during the 39th Summit of the African Union in Addis Ababa.
- Agriculture contributes roughly one-third of Kenya’s GDP, making the economy highly vulnerable to climate variability.
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President Ruto Advocates for AfCFTA, AU Peace Fund, and Climate Financing - February 2026
At the 39th Ordinary Session of the Assembly of Heads of State and Government in Addis Ababa, President William Ruto presented a report proposing to scale the African Union Peace Fund. He also stated that the African Continental Free Trade Area (AfCFTA) could boost Africa's GDP by approximately $1.4 trillion by 2045, urging a shift from negotiation to implementation. President Ruto urged African banks to finance the local pharmaceutical industry to bolster Africa’s health security, stating the continent can no longer depend on imported commodities. Additionally, he renewed Kenya’s commitment to the Green Climate Fund (GCF), aiming to boost financing for climate-resilient agriculture and low-carbon development.
