news-details

Treasury unveils Sh9b war chest to combat climate change impact

Treasury's Green Economy Unit Head Peter Odhengo (right), DMA Technical Service Director Dr Sunya Ore, and Arnold Ambundo during Madrid climate talks. [File, Standard]

The National Treasury has disbursed Sh9 billion to counties in the fight against climate change impacts.

Through five years, the Financing Locally-Led Climate Action (FLLoCA) program has disbursed the amount to 45 counties.

Already, the first disbursement of Sh1.1 billion for the County Climate Support Grant was made early this year, followed by a second disbursement in June, which availed Sh7.3 billion to 45 counties.

This was revealed at the launch of a report by the Kenya Meteorological Department titled “Climate Change Impacts in Kenya”.

Related Posts
Advertisements
Market Overview
Top US Stocks
Cryptocurrency Market