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Originally published by The Standard BusinessJune 23, 2026
4h ago
What financial institutions must do to realise their role in climate action

Financial institutions must design products that are accessible to smallholder farmers, microenterprises, and vulnerable households, those on the frontlines of climate shocks...
✨ Key Highlights
Kenya has become the first African nation to secure climate disaster funding, signaling a new era for financial institutions in climate action. This breakthrough underscores the importance of institutional readiness and strategic alignment to attract significant climate capital.
- A Sh90 million allocation has been secured through the Santiago Network on Loss and Damage.
- The key players are financial institutions in Kenya, aiming to mobilize climate finance.
- The article emphasizes that climate finance flows to institutions demonstrating structure, credibility, and impact, moving beyond pilot projects to well-prepared, bankable pipelines.
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