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Kenya eyes green finance to boost climate smart construction

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Kenya is leveraging global green finance to accelerate climate-smart construction, spearheaded by the Kenya Green Building Society and the State Department of Public Works. By aligning operations with the National Buildings Decarbonisation Roadmap, stakeholders are embedding sustainability metrics directly into banking risk assessments.

This regulatory alignment aims to unlock lucrative international capital pipelines for resource-efficient real estate. Currently, the nation has secured over one million square meters of certified green space, significantly boosting developer competitiveness in premium commercial markets.

To further streamline the ecosystem, the government is launching a centralized e-building permitting system. This platform integrates data across regulatory bodies, successfully merging environmental verification with commercial underwriting to fuel Kenya’s eco-friendly property pipeline.

Source: The Standard

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