Team Europe’s support to Kenya under the EU-Kenya Strategic Dialogue

9 May 2022. EU will mobilise Sh400 billion to support Kenya's green transition

18 EU ambassadors representing their countries in Kenya also contributed to this article.

The green transition is a key theme for Team Europe’s support to Kenya under the EU-Kenya Strategic Dialogue. It covers circular economy, climate smart agriculture, renewable energy, natural capital and biodiversity, and sustainable urban development and infrastructure. 

Team Europe is mobilizing approximately Sh400 billion (1,640,000,000 Euros) for Kenya in grants, loans and mixing in 118 different projects implemented by the EU, Member States and the European Investment Bank. This is just one of many initiatives.

The European Investment Bank (EIB), the EU bank, supports Kenya’s early steps towards renewable
energy generation. The bank has been active in Kenya since 1975 and opened its regional hub for East Africa here in Nairobi in November. This underscores the appreciation for the environmental support that Kenya provides. 

The EIB office will also help spearhead the 
EU’s new Global Gateway Initiative that focuses on key investments in Kenya and the region, to promote green jobs, growth, and much more.

Team Europe is among Kenya’s largest development partners. It is the largest trading partner and export market of Kenya. It is working closely with our Kenyan partners to begin implementation of the Economic Partnership Agreement as soon as possible. But of course, in the climate crisis we face it's essential to embrace the green transition – and the creative power of Kenya’s youth – to grow sustainably, inclusive and greener.