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The Kisumu County Green Investment First TWG Convened

Friday, 06 December 2024 / Published in Department of Water, Environment, Natural Resources and Climate Change, News Item, Water

The Kisumu County Green Investment First TWG Convened

By Matilda Atieno

The County Government in partnership with Financial Sector Deepening Kenya (FSD Kenya) convened a two day Technical Working Group Workshop (TWG) to foster collaboration in the Green investment facility project.

Since inception in 2022 with the commissioning of the County Green Financing Assessment which provided the first-ever analysis on the green assets at county level. This was the first meeting organized to constitute the County investment technical working grouping.

The phased project focuses on assessing, identifying and preparing five priority green projects, which will be packaged as investment-ready proposals to attract investors.

To ensure success in this phase, FSD Kenya onboarded Price Waterhouse Coopers (PwC Kenya) to provide technical support to Kisumu County.

The two also convened a breakfast meeting to bring on board the County executive led by the Kisumu Governor Prof Anyang’ Nyong’o.

Governor Nyong’o reaffirmed his commitment noting that Kisumu County is well-proportioned to become a model for green finance in Kenya with the support from FSD Kenya committing to unlock investments that would drive sustainable development in the county.

The acting CEC member For Water Madam Judith Oluoch encouraged the adhoc team of experts to collectively deliver on priority areas of work as identified.

Kisumu is one of the 10 counties in Kenya together with Embu, Kirinyaga, Laikipia, Nairobi City, Makueni, Nandi, Taita-Taveta, Vihiga, and Wajir to FasTrack the county green investment facility initiative aimed at mobilising green finance for development priorities.

The county green investment technical working group guided by PwC convened its first seating to discuss the Five priority green projects, refine the project proposals while preparing them for investor engagement.

The Kisumu County Green investment TWG identified projects under water and environment, Transport and infrastructure and in Agriculture.

Also present was the County minister for Finance Mr. George Okong’o, CEC member for Trade and Tourism, Madam Farida Mohamed, Chief officer Water environment and climate Change among other Country officials.

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