Globally, the EU has been a strong advocate for green transitions.
Kenya reports that it has received a $75.91 million (Ksh11.4 billion) grant from the European Union (EU) to increase funding for digital inclusiveness, environmental sustainability, and the shift to green energy.
The funds will also be used to promote peace and stability initiatives and good governance, according to a dispatch from the Deputy President’s Office of the nation.
The monies will be used to support programs in the designated important areas of the economy, according to an agreement signed on Wednesday in Brussels, Belgium by European Commissioner for International Partnerships Jutta Urpilainen and Deputy President Rigathi Gachagua.
At the EU-hosted Global Gateway Summit in Brussels, Gachagua, speaking on behalf of President William Ruto, praised Kenya and the EU’s partnership and said the grant would contribute to the nation’s development and enhance the quality of life for its citizens.
“Kenya expresses its gratitude for this declaration of intent, which will pass through the Multi-annual Indicative Programme 2021-2027’s specified priorities.
“This partnership is a critical step toward a more promising future for the Kenyan people. Regarding the agreement on the fringes of the Global Gateway Forum 2023, he stated, “As we implement the Global Gateway, we are confident that sustainable development, security, and prosperity will rightfully take center stage in our development cooperation narrative going forward.”
Gachagua stated that Kenya was eager to maintain its ties with the European Union. The Ruto government was eager to deepen its connections with the European Union.
“I reiterate our group’s commitment to this collaboration. “Together, we march forward to a future in which the ties between Kenya and the European Union endure, bringing about constructive transformation and mutual prosperity,” the speaker remarked.
Globally, the EU has been a strong advocate for green transitions. A Ksh1.9 billion ($13 million) grant scheme for investments in Kenya’s green hydrogen industry was signed in September by Kenya and the EU.
“Kenya’s ambitious goal of using only clean energy by 2030 is an example for other nations.” Kenya’s green hydrogen plan will assist in achieving this objective. On the fringes of the Africa Climate Summit, Ms. Leyen stated at the time in Kenya, “It will help reduce emissions, support a strategic industry for the country’s future, and boost its export capacity to partners like the EU.”
Kenya unveiled its roadmap for the development of green hydrogen energy in September. It aims to expand the country’s export and domestic markets and sets concrete goals for reducing emissions, creating jobs, and attracting direct investment by 2032.
