African countries start business classification to shore up green investment

African countries start business classification to shore up green investment

By Conrad Onyango, bird story agency Kenya has joined South Africa and Rwanda in offering a "green investment" handbook as African countries race to close a huge climate financing gap. The draft Kenya Green Finance Taxonomy (KGFT), published by the Central Bank of Kenya (CBK) in mid-April, is expected to help position the country for green funds and make the investment climate more attractive. Targeting banks, […]

April 17, 2024 19

Environment

UK’s opposition Labour Party scraps environmental pledge

The UK's opposition Labour Party is scrapping a flagship environmental pledge after months of uncertainty. It's stepping back from a promise to spend £28bn a year on green investment. Here’s Deputy political editor at the Financial Times Jim Pickard.

February 8, 2024 33