Hanoi, Vietnam – 16^th April 2025: The Kenya Private Sector Alliance (KEPSA) has spotlighted Kenya’s growing reputation as a hub for climate innovation at the ongoing 2025 P4G Summit that kicked off on Monday in Hanoi, Vietnam. Through its strategic participation, KEPSA connected local businesses with international investors and development partners, opening doors to crucial opportunities for capital, knowledge exchange and the scaling of innovative climate solutions back home. KEPSA is represented at the four-day summit by Dr. Jackson Koimbori, KEPSA’s Focal Point for Partnering for Green Growth and the Global Goals 2030 (P4G).

At the summit, KEPSA has played an active role in key sessions, including the P4G National Platform meetings. KEPSA’s involvement underscores its role as a vital connector between Kenya’s private sector and international green finance mechanisms.

P4G is a global initiative that brings together leaders from government, business, and civil society to develop market-based partnerships that drive sustainable economic growth and climate action. This year's summit has convened policymakers, investors, startups, and international organizations to accelerate practical, financeable solutions that align with national climate goals. Established in 2017, P4G is a global initiative that fosters public-private partnerships to accelerate green growth and achieve the Sustainable Development Goals (SDGs). It comprises 12 member countries: Denmark, Chile, Mexico, Vietnam, South Korea, Ethiopia, Kenya, Colombia, the Netherlands, Bangladesh, Indonesia, and South Africa, and engages over 90 nations, international organizations, and businesses.

During its first phase (2017–2022), P4G invested approximately $28 million in Kenyan micro and small enterprises, supporting more than 30 climate-oriented startups. Building on this foundation, P4G entered its second phase (2023–2027) with increased ambition. Already, over $35 million has been committed globally, with 20 startups receiving grants in early 2025. One standout success is BasiGo, a Kenyan electric mobility company that secured over $300,000 to deploy 1,000 electric buses across the country—a game-changing development for Kenya’s clean transport sector. Other Kenyan startups, with KEPSA’s support, have also secured funding and partnerships under this program.

KEPSA’s presence at the Summit provided a platform to showcase Kenya’s dynamic entrepreneurial ecosystem and amplify the country’s potential as a climate innovation hub. Through participation in investor forums, pitch sessions, and the Green Growth Exhibition, KEPSA helped raise the visibility of Kenyan enterprises and facilitated valuable connections with international investors and development partners. These engagements are vital for unlocking capital, sharing knowledge, and scaling impactful climate solutions back home.

Beyond its role in the Summit, KEPSA also held a series of bilateral business meetings with Vietnamese enterprises and stakeholders. These dialogues focused on exploring new trade and investment opportunities, especially in light of recent shifts in global geopolitics and the imposition of U.S. tariffs that have reshaped global supply chains. KEPSA aims to position Kenyan businesses to take advantage of emerging opportunities in Asia by diversifying export markets and attracting green manufacturing partnerships.

Looking ahead, KEPSA remains committed to leveraging its strategic position on the P4G National Platform to enhance Kenya’s competitiveness and sustainability. With the next P4G Summit set for 2027 in Ethiopia, KEPSA plans to deepen regional collaboration and advocate for greater private sector participation in Africa’s green transition. As momentum continues to grow, KEPSA will play a pivotal role in ensuring Kenyan businesses are at the forefront of innovation, investment, and inclusive climate development.