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CHALLENGES TO A GREEN ECONOMY IN KENYA |
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The green economy strategy recognises that macroeconomic constraints may hamper transition to green economy. The macroeconomic framework underpinning the Green Economy Strategy requires that Kenya sustains high growth consistent with Vision 2030 and firmly embeds the principles of sustainable development in the overall growth strategy. The framework builds on the achievements realised during the implementation of the First and Second Medium Term Plans for the Vision 2030. Major achievements include restoring growth, maintaining macroeconomic stability, re-aligning public expenditure towards energy and infrastructure development and provision of social economic services, structural reforms as part of the implementation of the Constitution of Kenya 2010 and financial sector deepening.
The policy framework for green economy is designed to support a globally competitive low carbon development path through promoting economic resilience and resource efficiency, sustainable management of natural resources, development of sustainable infrastructure, and providing support for social inclusion. The policy mix is aimed at aligning national policies towards supporting and accelerating the process of greening the economy by addressing vulnerabilities to shocks. Significant achievements have been made in restoring macroeconomic stability, although recent macroeconomic performance indicators reveal that Kenya?s economy remains vulnerable to external shocks emanating from adverse weather conditions, international oil and food prices, slowdown in global growth, and terrorism and insecurity. Other key national challenges include infrastructure deficits, unemployment and poverty. |
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12 Comments
Again, this is from the government report. Bear in mind the references please.
Posted 31-08-2016 10:47
Well written report Johan Paul
Posted 24-08-2016 16:47
what a good report brother i myself have experienced some of the challenges in my home area in the outskirts of Nairobi in trying to make my community more green and sustainable , but i have hopes that our country Kenya will be able to solve all the problems its going through in trying to make our country more environmental friendly
Posted 24-08-2016 03:15
Thanks for sharing Kenya's policy towards green growth, John. I hope the Kenyan government puts its best efforts towards catching two birds sustainable and economic growth. Have a great day!
Posted 23-08-2016 22:58
Thanks for the report, I hope the Kenyan government will successful enter a green economy and that other developing countries will do same
Posted 23-08-2016 03:47
Interesting report. The challenges in your region are very common in developing countries as well. Best of luck for your future reports.
Posted 22-08-2016 21:26
Good write up.
Kenya government should look into the areas in which the country have comparative advantages and improve on it for foreign exchange earnings and sustainable development.
Posted 22-08-2016 19:39
Awesome...Kenyans lets move ahead..
Posted 22-08-2016 19:19
Kenya is on course towards sustainability. Proper legislation & active public participation are the key to achieve this goal.
Posted 22-08-2016 12:32
I hope by proper inclusive policies, Kenya is able to overcome these challenges and successsfully undertakes a transition to Green Economy. Thanks for the post.
Posted 22-08-2016 03:07
Read my recent Green Economy article to know how other countries are benefiting from Green Economy in Africa.
Posted 22-08-2016 01:50
well written :-))
Posted 22-08-2016 00:00