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Central Bank of Kenya: Guidelines for Green Taxonomy and Climate Risks

Central Bank of Kenya

February 4, 2024
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  • Developed an adaptable green taxonomy framework for Kenya's financial sector by drawing insights from best practices such as the EU green taxonomy and the South African experience. ​
  • This was achieved by fostering collaboration between CBK and the financial sector through consultation workshops, aimed at enhancing the practical implementation of the green taxonomy in daily financial operations and throughout the investment cycle ​
  • Leverage expertise in climate risk and financial sector advisory to assist CBK in identifying and addressing critical climate hazards and risks, engage in comprehensive consultations with diverse stakeholders to facilitate informed climate risk disclosures. ​
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