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KEPSA FOUNDATION PARTICIPATED IN THE SIGNING CEREMONY OF THE FRAMEWORK OF CO-OPERATION FOR NATIONAL GREENING AND FOREST RESTORATION INITIATIVE
- Published On: 2023-04-05
KEPSA Foundation attended the signing of framework of co-operation (FoC) for the national greening and restoration initiative towards the 15 billion tree growing target. The signing of the FoC between Safaricom and Kenya Forest Service (KFS) took place on 5th April 2023 at Kinale Forest, Kiambu County.
The Climate Action Collaboration partnership is part of 6.4 Billion private sector commitment towards the national greening initiative that seeks to support corporate commitment to business climate action and biodiversity restoration. It includes Safaricom, KFS, ABSA, Huawei, and Community Forest Associations (CFA).
The FoC seeks to grow 5 million trees by 2025 through the adopt-a-forest strategy of rehabilitating the degraded forest areas through public private partnerships and to drive the realization of net zero carbon emission target. In addition, it will contribute support the government of Kenya in meeting the reviewed Nationally Determined Contribution (NDC) target of abating green gas house emissions of up to 32% by 2030 relative to business as usual scenario of 143 metric tonnes of carbon dioxide equivalent. Consequently, it is expected to improve socio-economic livelihoods of the communities.
In attendance was the Cabinet Secretary, Environment, Climate Change and Forestry Ms. Soipan Tuya, Kiambu County Governor H.E. Kimani Wamatangi, Safaricom CEO, Mr. Peter Ndegwa, ABSA Bank Ag. CEO Yusuf Omari and other invited partners.