KEPSA Commits Over Ksh6.4B Towards National Tree Growing Campaign

Kenya’s private sector has to date contributed a total of Ksh6,448,998,000 to the national tree growing campaign, in an effort to further demonstrate the sector’s commitment to engage in public-private partnerships anchored on sustainable solutions geared towards increasing Kenya’s forest cover. 

Speaking during the launch of the accelerated national tree growing campaign at State  House Nairobi on May 27, 2022, Kenya Private Sector Alliance (KEPSA) CEO Ms Carole Kariuki expressed the commitment of the business community to partnering with the Government in combating the challenges arising from climate change. 

Ms Kariuki noted that the Government through the Ministry of Environment and  Forestry has been leading efforts to accelerate the attainment and maintenance of at least 10 percent of tree and forest cover in the country. Through a multistakeholder approach  and support from partners drawn from the public, private and civil society sectors,  Kenya’s tree and forest cover currently stood at 12 percent and 8.8 percent respectively, a great  achievement and an assurance of Kenya’s commitment to realizing her national and  global targets. 

President Uhuru Kenyatta on his part noted that his government had placed the  environment at the center of his economic development, observing that the roundtable  meeting signified the start of an ambitious but fulfilling journey of increasing Kenya’s  forest cover to at least 30 percent by 2050. He called on the private sector to continue  supporting this agenda and reiterated that Kenya will continue honoring commitments  to combating climate change and being the benchmark for global action in  commemoration of the Stockholm+50 conference. 

In his remarks, C.S Keriako Tobiko noted that in 2013, Kenya’s forest cover stood at  7.2 percent and dropped to 5.9 percent in 2018. He appreciated the progress made through Public Private partnerships which have led to the current 8.8 percent and 12.13 percent forest and tree  cover respectively. While appreciating the Private sector’s contribution to this  achievement, the C.S noted that “This was not just philanthropic but a commitment to  build a more sustainable future.” 

As a partner to the national tree growing campaign, one of KEPSA’s key strategic pillars  is sustainability and more so sustainability actions anchored on nature-based solutions  and promoting a circular economy. To firm up KEPSA’s commitment, KEPSA’s CEO Ms  Carole Kariuki announced the forest action measures undertaken by the private sector such as adoption of forests and water towers, tree growing in partnership with schools countrywide, TVET institutions, colleges  and universities, the National Prisons Service, regional development authorities  and county governments and innovations in the replacement of heavy fuel oils in factories through sustainable  fuel alternatives such as biomass and the installation of biomass factories boilers. 

Read: KEPSA Renews 10-year MoU With MEDEF To Support Kenyan, French Businesses

>>> How SMEs Can Utilize Capital Markets – CMA Offers Advice After KEPSA MoU

Latest

SasaPay To “Pay SMEs To Get Paid” Via New Cash-Back Model

SasaPay has introduced a new cash-back model designed to...

Gor Mahia Fan Who Correctly Predicted 15 Out of 17 Games Wins Millions

The 30-year-old, also an avid follower of English Premier League giants Manchester United, came close to the grand prize of Ksh334,783,843 SportPesa Jackpot.

In Race for African Leadership Award, Ruto Faces Tough Opposition

Among the contenders of the prestigious African of the Year award is Kenya’s President William Ruto, who will be battling it out with President Hakainde Hichilema of Zambia and Prof. Benedict Okey Oramah, President of Afrexim Bank.

Transforming Financial Inclusion: The Impact of M-Pesa in Kenya and Beyond 

Discover the profound impact of M-Pesa on financial inclusion in Kenya and beyond. Explore how this innovative mobile service revolutionizes transactions and shapes the future of finance globally.

Follow Us

Newsletter

Don't miss

Safaricom To Power Tusker OktobaFest Beer Festival

Safaricom’s involvement in OktobaFest as a technology and payments partner will focus on fostering seamless in-festival connectivity, empowering the youth and Gen Z community through Safaricom Hook, and powering digital payments through M-PESA.

Music Producers Launch Organization To Streamline Recording Industry

Recording Industry of Kenya (RIKE) was launched on 9th October 2023. Registered in 2022 as a not-for-profit organization, RIKE aims to promote the collective interests of producers of sound recordings in the country.

Nairobi’s Hero Bar Listed Among World’s 50 Best Bars

World Best Bars: Hero Bar in Nairobi continues to climb the list, moving up six places to No.62 and Johannesburg’s Sin + Tax comes in at No.94. Dubai new entry Ergo is at No.69 and Melbourne’s Byrdi has re-entered the list at No.61.

Kenyan DJs Face Off In Smirnoff Battle Of The Beats Season 3

The Smirnoff Battle of the Beats Season 3, a DJ competition, is poised to unleash an unprecedented musical frenzy countrywide.

The Highs And Lows Of Betty Kyallo, Sisters Show As Season 2 Ends

Kyallo Kulture has always been, above all, about sisterhood, and in Season 2 we have witnessed the charm of it - the ups that gave us wholesome moments as the sisters led by Betty Kyallo spent time together.

DStv Beats CNN, BBC To Become Most Admired Media Outlet In Africa

DStv, MultiChoice Group’s leading broadcast service, has been named...

MultiChoice Revises Subscription Fees For DStv, GOtv

MultiChoice has announced price adjustments on some of their...

Octopizzo: How I Make My Money

"I've been doing this for 12, 13 years. It reaches a point where you no longer need to prove that you can make a hit record," he stated.

New Spotify EQUAL Artist Qing Madi Talks Music and Dreams

Heavily influenced by her cultural background and the lyrical arrangements of Kendrick Lamar, the versatile Nigerian prodigy is shaping the future of music with her unique genre-bending fusion of Afrobeats, Pop, Soul and R&B.

Bob Collymore Immortalized in New Festival

The late Collymore was famous for his love for jazz and even initiated the Safaricom Jazz Festival, which saw several of the world's biggest Jazz artists perform in Nairobi.
BT Reporter
BT Reporterhttp://www.businesstoday.co.ke
editor [at] businesstoday.co.ke

SasaPay To “Pay SMEs To Get Paid” Via New Cash-Back Model

SasaPay has introduced a new cash-back model designed to empower business owners to reduce costs and bolster profitability by receiving compensation for collecting payments...

Gor Mahia Fan Who Correctly Predicted 15 Out of 17 Games Wins Millions

The 30-year-old, also an avid follower of English Premier League giants Manchester United, came close to the grand prize of Ksh334,783,843 SportPesa Jackpot.

In Race for African Leadership Award, Ruto Faces Tough Opposition

Among the contenders of the prestigious African of the Year award is Kenya’s President William Ruto, who will be battling it out with President Hakainde Hichilema of Zambia and Prof. Benedict Okey Oramah, President of Afrexim Bank.

LEAVE A REPLY

Please enter your comment!
Please enter your name here