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Picture of Kenya

Kenya

Kenya, located in East Africa and covering a total land area of 582,646 square kilometers (sq km), shares borders with Ethiopia, South Sudan, Uganda, Tanzania, and the Indian Ocean. The country's vulnerability to recurrent floods and droughts is due to its extensive land use. Its highlands are home to the majority of the population and significant farm lands, while its nature-based tourism industry is also a major land user.

In January 2024, Kenya's investment plan was approved as part of the Renewable Energy Integration investment program. 

POPULATION:
53.77 Million (2020)
CO2 EMISSIONS PER CAPITA:
0.4 CO2 metric tons (2018)
SOURCE:
World Bank

INVESTING IN KENYA

Picture of Kenya

CIF's investments in Kenya are through its Scaling up Renewable Energy Program (SREP) and Clean Technology Fund (CTF). Kenya's $60 million investment programming from the SREP is particularly focused on de-risking geothermal power, through concessional lending by removing some of the technical capacity, economic, financial, and social constraints. For example, the SREP funding for the Menegai project is covering the riskiest and most critical stage of the development —exploration drilling to prove the availability of steam resources. By absorbing risks that other financiers are unable or unwilling to bear, mobilizing the co-financing of multilateral development banks, and attracting other investors, SREP is helping the project to advance. Through dedicated private sector programming, CTF invested $30 million to ramp up innovative investments in renewable energy technologies in Kenya.

Kenya (NPC) Investment Plan
Kenya (REI) Investment Plan
SREP INVESTMENT PLAN FOR KENYA
NO. OF CIF-APPROVED PROJECTS
4
CIF APPROVED FUNDING
$69.43M
Expected Co-financing
$619.82M
  • Chart
  • Table
Sources of Expected Co-financing
Loading...
Government
40.23% (249.38M)
MDB
30.36% (188.17M)
Private Sector
8.99% (55.7M)
Bilaterals + Others
20.42% (126.57M)
SourceData
Government40.23% (249.38M)
MDB30.36% (188.17M)
Private Sector8.99% (55.7M)
Bilaterals + Others20.42% (126.57M)
CIF Investments by Program
Loading...
CTF
43% (30M)
SREP
57% (39.43M)
ProgramData
CTF43% (30M)
SREP57% (39.43M)

Data as of December 31, 2023

For latest MDB and Government Focal point, please contact cifsecretariat@cif.org.

Country Snapshot

SREP
REI
NPC
INVESTMENT PLAN

Kenya (SREP) Investment Plan | Supplemental Document | Expert Quality Review
Endorsed by the Sub-Committee on September 8, 2011 with request for Supplemental Document (Decision)

INVESTMENT PLAN

Kenya (REI) Investment Plan - Currently under Review 

INVESTMENT PLAN

Kenya (NPC) Investment Plan

Endorsed by SCF Committe on February 28, 2025

COUNTRY MISSIONS

Scoping Mission: February 7-11, 2011
Completion Report
 

Joint Mission: May 3-12, 2011
Terms of Reference | Completion Report
 

COUNTRY MISSIONS
NA
COUNTRY MISSIONS

Joint Mission: November 18 - 21

Terms of Reference | Aide Memoire

COMMENTS FROM THE SUB-COMMITTEE

Norway (September 27, 2011)
United Kingdom and Australia (September 23, 2011)
Civil Society Observer (September 7, 2011)
Private Sector Observer (September 7, 2011)
Switzerland (September 7, 2011)
Norway (September 6, 2011)
Spain (September 6, 2011)
Transparency International (October 31, 2011)

COMMENTS FROM THE SUB-COMMITTEE
NA
COMMENTS FROM THE SUB-COMMITTEE
NA
SREP
INVESTMENT PLAN

Kenya (SREP) Investment Plan | Supplemental Document | Expert Quality Review
Endorsed by the Sub-Committee on September 8, 2011 with request for Supplemental Document (Decision)

COUNTRY MISSIONS

Scoping Mission: February 7-11, 2011
Completion Report
 

Joint Mission: May 3-12, 2011
Terms of Reference | Completion Report
 

COMMENTS FROM THE SUB-COMMITTEE

Norway (September 27, 2011)
United Kingdom and Australia (September 23, 2011)
Civil Society Observer (September 7, 2011)
Private Sector Observer (September 7, 2011)
Switzerland (September 7, 2011)
Norway (September 6, 2011)
Spain (September 6, 2011)
Transparency International (October 31, 2011)

REI
INVESTMENT PLAN

Kenya (REI) Investment Plan - Currently under Review 

COUNTRY MISSIONS
NA
COMMENTS FROM THE SUB-COMMITTEE
NA
NPC
INVESTMENT PLAN

Kenya (NPC) Investment Plan

Endorsed by SCF Committe on February 28, 2025

COUNTRY MISSIONS

Joint Mission: November 18 - 21

Terms of Reference | Aide Memoire

COMMENTS FROM THE SUB-COMMITTEE
NA

Kenya Projects

Picture of CTF in which this project is tagged
project
Clean Technology Fund (CTF)
DPSP II: Concessional Finance Program for Geothermal Generation
Picture of SREP in which this project is tagged
project
Scaling Up Renewable Energy Program in Low Income Countries (SREP)
Electricity Modernization Project
Picture of SREP in which this project is tagged
project
Scaling Up Renewable Energy Program in Low Income Countries (SREP)
Menengai Geothermal Development Project
Picture of SREP in which this project is tagged
project
Scaling Up Renewable Energy Program in Low Income Countries (SREP)
PSSA: Kopere Solar Park
Picture of SREP in which this project is tagged
project
Scaling Up Renewable Energy Program in Low Income Countries (SREP)
Technical preparatory studies for the creation of a Green Bank to mobilise resources (public & private) to finance the energy transition and energy efficiency
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News Spotlight

News
From Transport to Infrastructure: How Our Clean Technology Fund Builds Thriving Urban Spaces in Developing Countries
Mar 27, 2025
Busy road with people and tram

See Also

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Press Release
CIF Endorses $143 Million for Nature in Brazil, Kenya, and Zambezi River Basin
Feb 28, 2025
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Case Study
CTF Contributions to Sustainable Urbanization
Mar 24, 2025
Picture of Nature, People and Climate (NPC) Investment Plan for Kenya
Brochure
Nature, People and Climate (NPC) Investment Plan for Kenya
Feb 27, 2025
Picture of SREP GHG emission reductions by technology
Sector/Thematic Analysis
SREP GHG emission reductions by technology
Nov 06, 2023
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