In a dynamic move towards fostering synergy and innovative partnerships, today, KEPSA led by the Deputy CEO Mr. Victor Ogalo and Dr. Jackson Koimbori, the Senior Circular Economy and Climate Change Coordinator, convened a meeting with a team from KPMG to explore collaboration opportunities. Also, in attendance from KEPSA were Ms. Doris Olutende, PPD Manager, Ms. Susan Nganga, Project Officer-KEPSA Foundation, and Mr. Ronaldo Juma, PPD officer. Representing KPMG were Mr. Kamal Shah and Ms. Tracy Lane, the Associate Directors, Ms. Smita Sanghrajka, Partner, and Ms. Elizabeth Mungai, the Senior Manager.

The meeting aimed to identify potential areas of collaboration and align mutual interests. Discussions delved into specific collaboration avenues, including joint research initiatives, the promotion of Public-Private Partnerships (PPPs), and capacity building efforts, particularly in response to pressing issues such as legislative changes like the finance bill. KPMG presented an array of thematic areas including trade and investment, climate, youth, and health, each supported by robust pillars such as research and institutional building. KEPSA shared with KPMG the partnership opportunities within its “Private Sector Strategy on Climate Change (2022- 2030)”, which is the national guide for the private sector to invest and implement climate change solutions at national and county levels in line with the reviewed Kenya's Nationally Determined Contribution (NDC).

The conversation also spanned broader topics like creating conducive business environments, preparations for COP 29, leveraging carbon markets, and integrating Environmental, Social, and Governance (ESG) considerations into business strategies, climate change mitigation, adaptation and resilience strategies. Notably, KEPSA proposed the establishment of a framework for Business Climate Sustainability/SDG Awards to commend and incentivize climate-conscious businesses. Additionally, the teams discussed the Climate Business Information Network- Kenya and its role in profiling investment opportunities alongside responsible bank lending practices.

Following the productive meeting between KEPSA and KPMG, the next steps will be clearly outlined to further enhance collaboration and advance shared objectives. Additionally, KPMG has committed to reviewing KEPSA's private sector strategy document, ensuring alignment and identifying areas for synergy.