Kenya eyes Sh646bn investments through planned carbon exchange
The Nairobi International Financial Centre said the exchange would provide a regulated market where investors can buy and sell carbon credits generated from projects such as tree planting, renewable energy and other climate-related activities...
✨ Key Highlights
Kenya is gearing up to attract an estimated $5 billion (Sh646 billion) in investments by 2028 through the establishment of a planned carbon exchange and enhanced carbon trading regulations.
- The target investment figure is $5 billion (Sh646 billion) by 2028.
- The initiative is led by the Nairobi International Financial Centre (NIFC), in collaboration with the Capital Markets Authority (CMA), Nairobi Securities Exchange (NSE), and the Central Bank of Kenya (CBK).
- The exchange aims to provide a regulated market for carbon credits, building on the recently launched National Carbon Registry, to boost transparency and investor confidence.
Continue Reading
Read the complete article from Capital Business
Part of the Day's Coverage
Tax uncertainty threatens NIFC’s $5bn investment target - July 2026
Concerns over Kenya's unpredictable tax policies threaten the Nairobi International Financial Centre's goal of attracting $5 billion in investments by 2030. Meanwhile, Kenya is separately planning a carbon exchange aimed at attracting the same amount in investments by 2028. The government's sale of its Safaricom stake is set to significantly increase foreign exchange reserves, supporting overall financial sector stability.
Kenya's news, briefed daily
Daily Briefs with audio, your topics, and breaking stories.
Related News
Take Kenya's news with you
Breaking stories, daily briefs, and the topics you follow - on your phone, free.
