Kenya Secures $4.48 Billion in Green Initiatives at COP28: A Breakdown of Key Climate Projects


In a remarkable feat highlighted at the cop 28 climate summit 2023, Kenya successfully secured $4.48 billion in green manufacturing deals, notably sealing a substantial $1.5 billion green fertilizer project with Fortescue Future Industries. 

The collaboration with Fortescue signals a strategic move towards innovative and eco-conscious fertilizer production, addressing not only local environmental concerns but also holding global significance. 

Kenya’s achievement plays a pivotal role in promoting sustainable development and contributing to a transformative shift in international efforts to combat climate change.

In a significant development, Kenya has also joined forces with the Indonesian government in a groundbreaking $1 billion geothermal project at Suswa. This initiative aligns with the climate goals set at the cop 28 climate summit, emphasizing the global commitment to sustainable energy solutions. 

Geothermal energy, being a renewable source, underscores the joint efforts to mitigate carbon emissions and foster eco-friendly practices. 

The collaboration signifies a noteworthy step in the international geothermal landscape, showcasing Kenya’s dedication to clean energy initiatives and its pivotal role in advancing climate-friendly technologies. This partnership exemplifies the shared responsibility in addressing climate challenges on a global scale.

Furthermore, Geothermal Development of Kenya and AMEA Power have formally inked an $800 million deal for the Paka Geothermal Project. This substantial 200 MW venture, valued at Ksh121 billion, strategically aligns with cop28’s imperative to advance clean energy objectives. 

In this collaboration, the Geothermal Development Corporation (GDC) and AMEA Power will jointly assess data, site access, and conduct comprehensive studies for the Paka Geothermal Field.

At the 28 cop summit, Kenya took the international stage by spotlighting its sustainable data infrastructure. Green data centers, heralded as champions of climate action, demonstrate advanced technologies that maximize energy efficiency and minimize environmental impact. 

READ ALSO: COP28 Triumph: $260 Million Allocated for Climate Damages Fund

Positioned within the Green Zone, these centers showcase the ICT sector’s commitment to reducing its carbon footprint, fostering global collaboration in climate-related activities. 

As the world grapples with climate change, Kenya’s leadership in sustainable data management sets a precedent for nations to follow suit, emphasizing the critical role of green technology in mitigating and adapting to environmental challenges.

In a bid for more sustainable agriculture in Kenya, United Green and Kenya Development Corporation (KDC) are joining forces in a $270 million venture, in sync with cop28’s emphasis on eco-friendly practices. 

Set to unfold across 15,000 hectares in the Lake Basin region, the project targets heightened food security, increased productivity, improved livelihoods, and transformative support for agriculture. 

With an eye on the first quarter of 2024 for initiation, the project pledges to equip local farmers with sustainable methods, essential farming services, and advanced agro-industrial facilities.

A further collaboration between Kenya and Indonesia in the Menengai Geothermal Power Project, valued at $110 million, signals a pivotal step in climate change mitigation, with the project’s 35-megawatt capacity aligning with cop28 objectives, promoting clean energy production.


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