{"id":799845,"date":"2026-04-23T07:19:36","date_gmt":"2026-04-23T04:19:36","guid":{"rendered":"https:\/\/www.capitalfm.co.ke\/news\/?p=799845"},"modified":"2026-04-23T07:56:31","modified_gmt":"2026-04-23T04:56:31","slug":"kenya-climate-financing-private-capital-petersberg-dialogue","status":"publish","type":"post","link":"https:\/\/www.capitalfm.co.ke\/news\/2026\/04\/kenya-climate-financing-private-capital-petersberg-dialogue\/","title":{"rendered":"Kenya calls for high-integrity climate financing mechanisms in Berlin talks"},"content":{"rendered":"\n<p><strong>NAIROBI, Kenya, Apr 23 \u2013 Kenya has urged the adoption of innovative, high-integrity financing mechanisms to unlock private capital for climate action in developing economies.<\/strong><\/p>\n\n\n\n<p>Environment Cabinet Secretary Deborah Barasa made the call while addressing global leaders at the Petersberg Climate Dialogue 2026 in Berlin.<\/p>\n\n\n\n<p>Barasa said Kenya is prioritising tools such as carbon markets under Article 6 of the Paris Agreement, alongside the operationalisation of a National Carbon Registry, to enhance transparency and credibility in emissions trading.<\/p>\n\n\n\n<p>\u201cTo unlock greater climate financing, I emphasised the need for innovative, high-integrity mechanisms to mobilise private capital in developing economies,\u201d she said.<\/p>\n\n\n\n<p>She added that Kenya is also scaling up green bonds, first-loss guarantees, and climate investment funds to attract more investment into the sector.<\/p>\n\n\n\n<p>The Cabinet Secretary highlighted Kenya\u2019s growing leadership in renewable energy, noting that a significant share of the country\u2019s electricity is generated from clean sources such as geothermal and wind.<\/p>\n\n\n\n<p>\u201cWe are now focused on accelerating electrification, particularly in the transport sector, through targeted measures such as differentiated electricity tariffs to support electric mobility and improve grid efficiency,\u201d she said.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-close-the-gap\">&#8216;Close the gap&#8217;<\/h2>\n\n\n\n<p>Barasa noted that the government is strengthening regional power connectivity, expanding battery energy storage systems, and investing in workforce reskilling to support a resilient, future-ready energy system.<\/p>\n\n\n\n<p>Her remarks were delivered during a high-level session themed \u201cAccelerating Implementation to Close the Gaps,\u201d where she reaffirmed Kenya\u2019s commitment to translating climate pledges into practical, scalable solutions.<\/p>\n\n\n\n<p>\u201cOur approach remains anchored in the Bottom-Up Economic Transformation Agenda, positioning climate action as a driver of economic growth, job creation, and sustainable development,\u201d she said.<\/p>\n\n\n\n<p>Barasa also called for enhanced global collaboration, technology transfer, and equitable partnerships to ensure developing countries play a central role in the global green transition.<\/p>\n\n\n\n<p>\u201cKenya remains steadfast in championing bold, inclusive, and results-driven climate action on the global stage. Our commitment is clear: to turn ambition into tangible outcomes that improve livelihoods and secure a sustainable future,\u201d she said.<\/p>\n\n\n\n<p>The Petersberg Climate Dialogue brings together ministers and climate leaders from around the world to build momentum ahead of major global climate negotiations, focusing on bridging the gap between ambition and implementation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kenya is advocating for innovative, high-integrity climate financing mechanisms, including carbon markets and green bonds, to unlock private capital for developing economies at the Petersberg Climate Dialogue 2026.<\/p>\n","protected":false},"author":14289,"featured_media":799849,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21353,26,4],"tags":[29738,55589,3102,45797,21722,20951,55591,55593,21565,55588,13596,55592,21089,1981,55594,14006,18454,491,55587,55595,55590,55582,20961,27959,10140],"coauthors":[2146],"class_list":["post-799845","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sustainability-watch","category-top-stories","category-world","tag-africa-climate-action","tag-article-6-paris-agreement","tag-berlin","tag-carbon-markets","tag-climate-finance","tag-climate-financing","tag-climate-investment","tag-climate-policy-kenya","tag-deborah-barasa","tag-developing-economies","tag-electric-mobility","tag-emissions-trading","tag-energy-transition","tag-featured","tag-global-climate-talks","tag-green-bonds","tag-green-transition","tag-kenya","tag-kenya-climate-financing","tag-national-carbon-registry","tag-petersberg-climate-dialogue-2026","tag-petersburg-dialogue","tag-private-capital","tag-renewable-energy-kenya","tag-sustainable-development"],"yoast_head":"<!-- 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