The Kenya Climate Innovation Center (CIC) is a newly launched business hub facility in Nairobi that aims to boost locally sourced green technologies in Africa. The CIC will offer financing and other services to a growing network of climate innovators and entrepreneurs and is the first of its kind in the world. The CIC is expected to support up to 70 sustainable climate technology ventures within its first 5 years of operation and according to the World Bank, is expected to generate 4600 direct jobs and over 24000 jobs within 10 years.
“The Climate Innovation Center will contribute top Kenya’s transformation to a middle income country in line with the Government’s Vision 2030 strategy,” says Alex Alusa, Advisor on Climate Issues in the Office of Kenya’s Prime Minister. “It will enable small and medium enterprises in Kenya and the region achieve the essential technological advancement and catalyze innovative technology.”
The CIC is supported by the World Bank’s infoDev in partnership with the government of Denmark and the Britain’s UKAid. The CIC is an innovative model to accelerate locally owned, locally developed solutions to climate change. In addition to reducing greenhouse gas emissions and improving climate resiliency, it will accelerate business in high-growth sectors such as renewable energy, agriculture, clean water, and energy efficiency.
The CIC was developed in close consultation with Kenyan partners to ensure local relevance and long-term sustainability. It is hosted by the Strathmore Business School, in collaboration with Global Village Energy Partnership International (GVEP), PriceWaterhouseCoopers (PWC) and the Kenya Industrial Research and Development Institute (KIRDI). The Kenya Climate Innovation Center is part of infoDev’s Climate Technology Program (CTP), which is establishing CICs in six other developing countries and the global infrastructure to support and link them. The Kenya CIC will be seeded by a contribution of US$15 million over five years. infoDev is a global program within the World Bank focusing on technology entrepreneurship and innovation.
The CIC aims to help Kenya achieve a mix of economic, environmental and social results, including green jobs and the start up for green companies, reduced CO2 emissions and enhanced climate resilience, access to clean energy and water and strengthened technology and innovation capacity.
“I want to provide clean water and cooking to 24,000 households, and create 550 jobs, 400 of which will be for women. The support of the CIC would help me to commercialize and rollout of our products at the national level,” says Kenneth Ndua, founder of start-up Fawandu, which is developing a domestically produced, high-efficiency stove that simultaneously cooks and sanitizes water through boiling.
Source: World Bank