National Policy on Climate Finance.

This National Policy on Climate Finance seeks to position Kenya to better access climate finance through a variety of mechanisms. Climate finance can help advance the Kenya Vision 2030 agenda by increasing the country’s adaptive capacity and resilience to climate change while promoting low carbon sustainable development. In particular, the policy sets out how the National Treasury, other government departments and agencies, and county governments will deliver on the climate finance aspects of the Climate Change Act, 2016, and Kenya’s obligations under the Paris Agreement including its Nationally Determined Contribution (NDC). The goal of the Policy is to further Kenya’s national development goals through enhanced mobilization of climate finance that contributes to low carbon climate resilient development goals. The objectives of the policy are to: 1) enhance the implementation of public finance management in relation to climate financing; 2) establish mechanisms to mobilize internal and external climate finance; 3) track, monitor, evaluate and report on sources, applications and impacts of climate finance; 4) enhance the capacity of the country to mobilize climate change finance to support sustainable development; and 5) encourage private sector participation in climate relevant financing opportunities.
One of the aims of the policy is to help eliminate hunger and ensure food security. Climate finance can support actions to build climate resilience and reduce vulnerability to drought and flooding, such as: monitoring systems - quality, credible early warning and food security monitoring systems that make effective use of advances in meteorological monitoring information technology; multi-year food and cash mechanisms - based on early warning and food security data.
The policy aims to increase resilience of livelihod to disasters. The Government will mobilize climate finance to facilitate the implementation of initiatives that enhance climate resilience and reduce GHG emissions, as well as contribute to Kenya’s social, economic and environmental development. The document outlines interventions to be implemented in different key areas, including: agriculture, livestock and fisheries; forestry; energy; tourism ; water and sanitation; Disaster Risk ManagementClimate friendly action to be undertaken in the agriculture, livestock and fisheries sector encompass: a) mainstreaming of climate change into agricultural extension systems; b) establishment and maintenance of climate change related information pools or centres for crops, livestock and fisheries; c) promotion of Climate Smart Agriculture, including, for example, drought tolerant high value and alternative crops; water harvesting for crop production; efficient irrigation systems; index-based weather insurance; conservation; agriculture: agroforestry; soil management; animal breeding; and integrated farming systems including aquaculture); d) price stabilization schemes for livestock and crop farmers; e) post-harvest management of crop, livestock and fisheries products; f) protection and conservation of fish critical habitats and breeding grounds.
In the forestry sector, the following actions are envisaged: reduction of deforestation and forest degradation; conservation and sustainable management of forest areas; conservation and protection of water towers; increased afforestation and reforestation activities, such as restoration of dry and arid land forests and reforestation of degraded forests; and development of sustainable fuel wood plantations.
Regarding the water and sanitation sector, the policy foresees the implementation of these interventions: integration of climate change information in water modelling and forecasting; enhanced water storage capacity to facilitate an increase in irrigated land; promotion of energy efficient technologies in water supply projects; conservation of water towers; and improved water management and water conservation, including rainwater harvesting, recycling and reuse of water, water conservation awareness campaigns, technology for water conservation in water services and supply, and improved watershed management.