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The future of green financing

KIFFWA--CEO

The future of green financing

In an effort to combat negative effects of climate change on water resources, there is great need for public-private partnerships to collaborate on this course. One of the greatest hindrances to this course is insufficient finance to organizations which have taken up the mandate of championing SDG 6 (Clean water and sanitation) and SDG 13 (Climate Action) upon their shoulders.

In cognizant with the above challenges, KIFFWA with the support of the Embassy of the Kingdom Netherlands in Kenya organized a donor breakfast event on 22nd June 2022 with like-minded organizations for this course. In attendance were representatives of the Ministry of Water, the Water Sector Trust Fund and development partners working in the water sector including DANIDA, USAID, JICA, , InfracoAfrica, Kenya Climate Innovation Centre, UNICEF, the African Development Bank and VSF-Switzerland.

The stakeholders present were in agreement on how climate change continues to have a negative impact on water resources in Kenya by reducing the quantity and quality of water available for agricultural, industrial, and domestic use. This has in turn negatively affected economic development directly through reduced food security, reduced energy production, destruction of water infrastructure, waterborne diseases, as well as cause gender and social inequalities.

KIFFWA is at the forefront of investing in water initiatives and related infrastructure as one of the best ways to increase climate resilience. We continue to seek sustainable partnerships in green financing to

mitigate the above challenges.

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