Kenya’s “Green Economy” could boost food security

Kenya-flagFood for thought:  a new study by the Government of Kenya and the UN Environment Programme shows Kenya’s shift to a Green Economy should generate US $45 billion by 2030, build climate resilience and boost food security, projecting positive returns within seven to 10 years.

What does that mean?

“The Green Economy Assessment Report: Kenya finds that the transition to an inclusive, low emission , resource efficient green economy will result in stronger economic growth and increased wealth creation opportunities by 2021.”

Under a green economy scenario, the report finds, national GDP would come in at a 12% higher rate than business-as-usual by 2030. Greenhouse gas emissions would be 9% lower, and green economy investments would increase the average agriculture yield by about 15%. Currently, agriculture accounts for approximately one quarter of Kenya’s national GDP annually and up to 65% of its exports.

Cabinet Secretary of the Kenyan Ministry of Environment, Water and Natural Resources, Judi Wakhungu, said:

“Green Economy driven by resource efficiency is the basis for sustainable development and poverty eradication. A green economy revolution is already taking place in Kenya, where the harvesting of geothermal energy from the East African Rift is just one of the many renewable energy projects underway across the country. By learning to more accurately value our own natural resources, Kenya will be able to better harness these strategies as it moves towards a holistic, inclusive green economy in the future.”

UN Under-Secretary-General and UNEP Executive Director Achim Steiner said:

“The next wave of investment and innovation in Kenya will be driven by the need for new energy sources, wealth generation and job creation. Kenya is already demonstrating leadership by pioneering green economy approaches in the energy, urban and natural resources sectors as a vehicle to deliver its national development goals. This report confirms that the country can achieve even greater prosperity and well-being by scaling up its green investments in key sectors, while also factoring the conservation and efficient use of its natural capital into future decisions related to infrastructure, investment in the development of the energy, transport, agriculture and industry sectors.”

All told, Kenya’s transition to a green economy could produce major economic benefits as well as greater food security, a cleaner environment and higher productivity of natural resources.

Read the full article at