Government of Kenya

William Ruto, President of Kenya, joins GCA Advisory Board

Retrieved on: 
Friday, September 29, 2023
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Nairobi, Kenya, Sept. 29, 2023 (GLOBE NEWSWIRE) -- William Ruto, President of the Republic of Kenya and Chair of the Committee of African Heads of State and Government on Climate Change has accepted an invitation from Ban Ki-moon, 8th Secretary-General of the United Nations and Chair of the Global Center on Adaptation (GCA) and CEO Professor Patrick Verkooijen, to join the GCA Advisory Board.

Key Points: 
  • Nairobi, Kenya, Sept. 29, 2023 (GLOBE NEWSWIRE) -- William Ruto, President of the Republic of Kenya and Chair of the Committee of African Heads of State and Government on Climate Change has accepted an invitation from Ban Ki-moon, 8th Secretary-General of the United Nations and Chair of the Global Center on Adaptation (GCA) and CEO Professor Patrick Verkooijen, to join the GCA Advisory Board.
  • The Africa Adaptation Acceleration Program (AAAP) Country Compacts, announced during the Leaders’ Dialogue on Adaptation , will drive the doubling down and scaling of adaptation action across the world’s most climate-vulnerable continent.
  • Yet promised climate finance—which is necessary to underpin wider development goals—remains critically short of what is needed.
  • President Ruto has played a crucial role in the implementation of the Africa Adaptation Acceleration Program across the continent and I commend his leadership in hosting the Africa Climate Summit.

CCA-led Clean Cooking & Climate Consortium Makes Significant Progress in Developing Clean Cooking Carbon Methodology

Retrieved on: 
Wednesday, August 9, 2023
Carbon, Paris Agreement, United States Environmental Protection Agency, UNFCCC, Innovation, Climate change, CCA, Organization, EPA, Gold standard, Alfa Romeo 4C, 4C, Cooking, Government of Kenya, Learning, Knowledge, Climate, Ecosystem, Health, Clean Cooking Alliance, Biomass, Air pollution, Renewable energy, Risk management, Verra

WASHINGTON, Aug. 9, 2023 /PRNewswire-PRWeb/ -- The Clean Cooking & Climate Consortium (4C) — a group of partners convened by the Clean Cooking Alliance (CCA) — is developing a new methodology for crediting emissions reductions from cooking projects, a critical step in strengthening carbon markets for these projects. Representatives from over a dozen organizations, including the UN Framework Convention on Climate Change (UNFCCC) secretariat, U.S. Environmental Protection Agency (EPA), Gold Standard, Verra, and many others, met in Washington, DC, in July to delve into technical details, test assumptions, and strengthen the new methodology based on expert feedback.

Key Points: 
  • 4C is helping strengthen carbon markets by developing a new methodology for crediting emissions reductions from cooking projects.
  • WASHINGTON, Aug. 9, 2023 /PRNewswire-PRWeb/ -- The Clean Cooking & Climate Consortium (4C) — a group of partners convened by the Clean Cooking Alliance (CCA) — is developing a new methodology for crediting emissions reductions from cooking projects, a critical step in strengthening carbon markets for these projects.
  • "Funding from the carbon markets has been key to the rapid expansion of the use of clean fuels and cleaner biomass stoves that reduce these impacts.
  • 4C also aligns its work with the working groups under CCA's Responsible Carbon Finance for Clean Cooking Initiative .

Venom To Launch A Blockchain Hub With Kenyan Government

Retrieved on: 
Wednesday, May 10, 2023
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Venom Foundation has announced a strategic partnership with the Government of Kenya to establish a “blockchain hub” in Africa, focusing on the development of Web3 and blockchain technology applications.

Key Points: 
  • Venom Foundation has announced a strategic partnership with the Government of Kenya to establish a “blockchain hub” in Africa, focusing on the development of Web3 and blockchain technology applications.
  • More than 84% of the Kenyan population have access to financial services through banks and fintech.
  • Venom Foundation's expansion into Africa highlights the continent's forward-thinking approach to adopting web3 and blockchain technologies, showcasing its commitment to embracing innovation and leading through implementation.
  • We believe that the establishment of this blockchain hub will catalyze further innovations in various industries, benefitting our people both nationally and globally."

President of Kenya visits GCA Headquarters to mobilize action ahead of Africa Climate Action Summit

Retrieved on: 
Sunday, May 7, 2023
Rural development, Private sector, State, Global Center on Adaptation, United Nations, COP28, World Economic Forum, GCA, Climate change, Government, Department of Sustainability, Environment, Water, Population and Communities, Republic, African Development Bank, GDP, United, COP26, Government of Kenya, Excellency, African Union, Climate, Growth, African Union Commission, AAAP, Summit, Institute for Strategic Dialogue, Renewable energy, African, Trustee, Agriculture

The Africa Climate Action Summit is being co-hosted by the Government of Kenya and the African Union Commission on 4th to 6th September 2023, and is co-convened by the African Development Bank and GCA.

Key Points: 
  • The Africa Climate Action Summit is being co-hosted by the Government of Kenya and the African Union Commission on 4th to 6th September 2023, and is co-convened by the African Development Bank and GCA.
  • GCA, as the only international organisation focused exclusively on climate adaptation, is working closely with the Government of Kenya to mobilize financial commitments for adaptation during the Africa Climate Action Summit.
  • The Summit will coalesce partners, including international financial institutions and the private sector, around accelerating adaptation financing and climate action leading into the United Nations Secretary-General’s Climate Action Summit and COP28.
  • I commend President Ruto for his leadership in hosting the Africa Climate Action Summit and look forward to the real and tangible commitments it will deliver.”

The Global Fund for Coral Reefs Investment Fund Announces First Closing and Anchor Investment by Green Climate Fund to Increase the Resilience of Coral Reefs and Coastal Communities Threatened by Climate Change

Retrieved on: 
Thursday, July 14, 2022
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The Global Fund for Coral Reefs is a blended finance initiative dedicated to catalyzing investment on behalf of critically threatened coral reefs and climate-vulnerable coastal communities.

Key Points: 
  • The Global Fund for Coral Reefs is a blended finance initiative dedicated to catalyzing investment on behalf of critically threatened coral reefs and climate-vulnerable coastal communities.
  • Craig Cogut, Founder & CEO, Pegasus Capital Advisors said, "We are thrilled and grateful for the commitment of the Green Climate Fund as an anchor investor and for Builder's Vision's contribution.
  • Yannick Glemarec, Executive Director, Green Climate Fund said, "As a junior equity investor in the Global Fund for Coral Reefs (GFCR), the Green Climate Fund (GCF) hopes the GFCR closing will catalyze additional private capital into the GFCR Investment Fund.
  • About the Global Fund for Coral Reefs,
    The Global Fund for Coral Reefs is a target $625 million blended finance initiative comprised of a $500 million target size Investment Fund and $125 million target size Grant Fund.

World leaders join together for Global Disability Summit 2022

Retrieved on: 
Monday, February 14, 2022
People, International Labour Organization, OPDS, UNHCR, Disability, Secretariat, Government of Kenya, Organization, International Disability Alliance, World, United Nations, First Nations in Ontario, Economic development, International development, Sustainable development, Convention on the Rights of Persons with Disabilities, Convention, UNICEF, Global Partnership for Education, Sustainable Development Goals and Ghana, Indian Red Cross Society, Sustainable Development Goals, Twitter, Government, International Committee for the Nanking Safety Zone, CRPD, USAID, Summit, World Health Organization, COVID-19, Education, GDS, International Red Cross and Red Crescent Movement, Insurance, Ridesharing company, Health insurance, Renewable energy, Person

This is the second-ever global summit on strengthening the inclusion of people with disabilities and it will build on the progress made in the wake of the first Global Disability Summit in London in 2018.

Key Points: 
  • This is the second-ever global summit on strengthening the inclusion of people with disabilities and it will build on the progress made in the wake of the first Global Disability Summit in London in 2018.
  • In his welcome video to the summit, the Prime Minister of Norway, Jonas Gahr Stre, said, "I am pleased to be co-hosting the Global Disability Summit together with the President of Ghana and the International Disability Alliance.
  • The Global Disability Summit is an opportunity for all of us to make progress towards a world where everyone is included and can access their human rights".
  • In July 2018, the UK Department for International Development, alongside the Government of Kenya and the International Disability Alliance, organised the first ever Global Disability Summit in London.

Global Center on Adaptation releases new research on the benefits of climate adaptation for Africa

Retrieved on: 
Tuesday, October 26, 2021
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The report states that even if the Paris Climate Agreement goals are achieved, the economic costs of climate change in Africa are projected to be large.

Key Points: 
  • The report states that even if the Paris Climate Agreement goals are achieved, the economic costs of climate change in Africa are projected to be large.
  • GCAs analysis of the data demonstrates that only adaptation can reduce the economic costs of climate change in Africa over the next 20 years and that Africa needs to scale up adaptation now.
  • The level of climate change in the next 20 years for Africa is already locked in, and these impacts can only be reduced by adaptation.
  • Yet studies show that the benefits of adaptation measures are almost always more than twice the costs, and often are more than five times higher.

Media Advisory: Ahead of COP26, global leaders to gather in Nairobi to share new research on benefits of adaptation action in Africa

Retrieved on: 
Tuesday, October 19, 2021
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The Global Center on Adaptation STA 2021 report outlines the economic benefits of climate adaptation on the continent.

Key Points: 
  • The Global Center on Adaptation STA 2021 report outlines the economic benefits of climate adaptation on the continent.
  • During his inaugural annual lecture, Professor Patrick Verkooijen, CEO of the Global Center on Adaptation, will share the adaptation imperative for Africa ahead of COP26 and the critical importance of accelerating the pace of resilience-building in Africa through the Africa Adaptation Acceleration Program (AAAP).
  • AAAP aims to mobilize $25 billion to support Africa's adaptation plans over five years ($5 billion per year).
  • The program has been endorsed by President Tshisekedi, Chair of the African Union and President Ali Bongo of Gabon, the African Union Champion for Adaptation.

Western Union Joins Forces with Major Financial Institutions in Africa

Retrieved on: 
Thursday, September 30, 2021
Professional Services, Technology, Mobile, Wireless, Finance, Software, Banking, Diamond, KCB Bank Kenya Limited, AKDN, Internet, NSE, Ministry, Trust, Aga Khan, Kenya Post Office Savings Bank, Postbank, CIS, Government of Kenya, Senior, Diamond Trust Bank Group, Government, Savings bank, General manager, Nairobi Securities Exchange, Aga Khan Development Network, Commercial, Ministry of Finance (Ukraine), DTB, Bank, Cryptocurrency

Western Union , a global leader in cross-border, cross-currency money movement and payments, is collaborating with major financial institutions in Africa, to enable millions of consumers to send and receive cross-border payments, quickly and reliably, 24/7.

Key Points: 
  • Western Union , a global leader in cross-border, cross-currency money movement and payments, is collaborating with major financial institutions in Africa, to enable millions of consumers to send and receive cross-border payments, quickly and reliably, 24/7.
  • Customers of these financial institutions are also able to receive international money transfers directly to their bank accounts, depending on the country in which senders reside.
  • At Western Union, we give them both, said Massimiliano Alvisini, Senior Vice President and General Manager for Western Union in Africa, Europe and CIS.
  • We are delighted with the opportunity to integrate our global money movement capabilities to enhance the customer experience of major African financial institutions."