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Kenya is Open for Investors in the Green Energy Sector, President Uhuru

BY Soko Directory Team · November 12, 2018 09:11 am

President Kenyatta on Sunday said that Kenya is open for business for investors looking to drive the country’s goal of achieving 100 percent green energy by 2020.

Speaking during a roundtable briefing, the President noted that the renewable energy in the country accounts for 70 percent of the country’s electric power capacity already in place. He said that scaling up of investments in renewable energy will address the issue of climate change.

President Kenyatta appreciated the investment efforts made toward attaining 100 percent green energy sufficiency by 2020 saying that the government, while at it, will also achieve 100 percent access to power for the citizens and significantly lower costs of production for sustainability.

The discussion dubbed “Don’t drop climate efforts” held in France during the session of the Paris Peace Forum was also attended by Presidents Omar Guelleh of Djibouti and Denis Sassou Nguesso of the Republic of the Congo.

President Kenyatta challenged other countries, particularly those where sustainability has been implemented to support the efforts of green energy in African countries. He said that the support would address and minimize the effects of climate change while at the same time creating jobs and opportunities ideal for strengthening security and stability in Africa and globally.

“Kenya is open for innovations and investments geared towards the manufacture of green technologies and the government is committed to ensuring the investors get full support to thrive,” the President said.

Despite numerous efforts done to address the issue of climate change, the African continent lags behind and is nowhere near the top producers of greenhouse emissions. However, it champions sustainability to evade the painful price of inaction in the face of the problem.

“Africa is likely to continue bearing the greatest consequences of climate change, and scientific evidence supports this reality. In fact, many countries in Africa are living this reality,” Kenyatta said.

He expressed his hopes that world leaders should show their commitment by ascertaining that adoption of comprehensive programs of work deemed at operationalizing the Paris Agreement during the 24th Conference of Parties of the UN Framework Convention on Climate Change (COP24) that is a few weeks away.

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