Aligning Kenya’s Financial System with Inclusive Green Investment : Current Practice and Future Potential to Mobilize Investment in a Sustainable Economy
Kenya’s fast-growing economy is the largest in East Africa, and serves as a trade and investment hub for East and Central Africa. While the economy is diversifying, it remains largely dependent on natural resources. Agriculture and tourism account...
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| Format: | Working Paper |
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International Finance Corporation, Washington, D.C.
2017
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| Online Access: | http://documents.worldbank.org/curated/en/920861487661321589/Current-practice-and-future-potential-to-mobilize-investment-in-a-sustainable-economy http://hdl.handle.net/10986/26321 |
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okr-10986-263212021-04-23T14:04:35Z Aligning Kenya’s Financial System with Inclusive Green Investment : Current Practice and Future Potential to Mobilize Investment in a Sustainable Economy Bjerborn Murai, Cecilia Kirima, Wanjiru FINANCE MONEY DEVELOPMENT STRUCTURE GROWTH BANKING INSURANCE CAPITAL INVESTMENT CLIMATE SUSTAINABILITY GREEN INVESTMENT Kenya’s fast-growing economy is the largest in East Africa, and serves as a trade and investment hub for East and Central Africa. While the economy is diversifying, it remains largely dependent on natural resources. Agriculture and tourism account for nearly half of gross domestic product (GDP).This report aims to promote inclusive green investment in Kenya. It focuses on policy, structural, and investment innovations across the economy and financial sector that would increase capital flows that support sustainable development. Inclusive green investment forms an important part of the broad environmental, social, and governance (ESG) considerations that underpin sustainable investment. Green investment supports economic growth in a clean, resilient, and sustainable manner – such as initiatives to encourage more efficient use of resources, reduce pollution, and mitigate environmental damage. Inclusive investment serves not only investors, but the broad interests of society, particularly low-income segments of the population. 2017-03-30T16:18:22Z 2017-03-30T16:18:22Z 2015-10 Working Paper http://documents.worldbank.org/curated/en/920861487661321589/Current-practice-and-future-potential-to-mobilize-investment-in-a-sustainable-economy http://hdl.handle.net/10986/26321 English en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank International Finance Corporation, Washington, D.C. Publications & Research Publications & Research :: Working Paper Africa Kenya |
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Digital Repository |
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Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English en_US |
| topic |
FINANCE MONEY DEVELOPMENT STRUCTURE GROWTH BANKING INSURANCE CAPITAL INVESTMENT CLIMATE SUSTAINABILITY GREEN INVESTMENT |
| spellingShingle |
FINANCE MONEY DEVELOPMENT STRUCTURE GROWTH BANKING INSURANCE CAPITAL INVESTMENT CLIMATE SUSTAINABILITY GREEN INVESTMENT Bjerborn Murai, Cecilia Kirima, Wanjiru Aligning Kenya’s Financial System with Inclusive Green Investment : Current Practice and Future Potential to Mobilize Investment in a Sustainable Economy |
| geographic_facet |
Africa Kenya |
| description |
Kenya’s fast-growing economy is the
largest in East Africa, and serves as a trade and investment
hub for East and Central Africa. While the economy is
diversifying, it remains largely dependent on natural
resources. Agriculture and tourism account for nearly half
of gross domestic product (GDP).This report aims to promote
inclusive green investment in Kenya. It focuses on policy,
structural, and investment innovations across the economy
and financial sector that would increase capital flows that
support sustainable development. Inclusive green investment
forms an important part of the broad environmental, social,
and governance (ESG) considerations that underpin
sustainable investment. Green investment supports economic
growth in a clean, resilient, and sustainable manner – such
as initiatives to encourage more efficient use of resources,
reduce pollution, and mitigate environmental damage.
Inclusive investment serves not only investors, but the
broad interests of society, particularly low-income segments
of the population. |
| format |
Working Paper |
| author |
Bjerborn Murai, Cecilia Kirima, Wanjiru |
| author_facet |
Bjerborn Murai, Cecilia Kirima, Wanjiru |
| author_sort |
Bjerborn Murai, Cecilia |
| title |
Aligning Kenya’s Financial System with Inclusive Green Investment : Current Practice and Future Potential to Mobilize Investment in a Sustainable Economy |
| title_short |
Aligning Kenya’s Financial System with Inclusive Green Investment : Current Practice and Future Potential to Mobilize Investment in a Sustainable Economy |
| title_full |
Aligning Kenya’s Financial System with Inclusive Green Investment : Current Practice and Future Potential to Mobilize Investment in a Sustainable Economy |
| title_fullStr |
Aligning Kenya’s Financial System with Inclusive Green Investment : Current Practice and Future Potential to Mobilize Investment in a Sustainable Economy |
| title_full_unstemmed |
Aligning Kenya’s Financial System with Inclusive Green Investment : Current Practice and Future Potential to Mobilize Investment in a Sustainable Economy |
| title_sort |
aligning kenya’s financial system with inclusive green investment : current practice and future potential to mobilize investment in a sustainable economy |
| publisher |
International Finance Corporation, Washington, D.C. |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/920861487661321589/Current-practice-and-future-potential-to-mobilize-investment-in-a-sustainable-economy http://hdl.handle.net/10986/26321 |
| _version_ |
1764461690259243008 |