KCB partners with public universities to fund green energy projects

:KCB Bank Kenya MD Anastacia Kimtai Speaking during the event
:KCB Bank Kenya MD Anastacia Kimtai Speaking during the event-Photo|Courtesy
  • KCB Bank has signed an MoU with public universities to finance clean-energy projects, including solar power, biogas and rainwater harvesting.
  • The partnership will bridge the funding gap that often prevents institutions from investing in climate-friendly solutions.
  • The initiative is expected to develop green infrastructure and skills among students, preparing them for a growing clean-energy job market.

KCB Bank Kenya has partnered with public universities to help finance the shift to cleaner and more efficient campuses as institutions seek to cut costs and adopt climate-friendly solutions.

The partnership, formalised through a Memorandum of Understanding (MoU), will support universities in accessing financing for projects such as solar power, energy-saving systems, clean cooking technologies, waste management, biogas, solar water heating and rainwater harvesting.

KCB Bank Kenya Managing Director Annastacia Kimtai said the partnership would use sustainable finance to address the funding gap that often prevents institutions from investing in clean-energy solutions. She said KCB was ready to work with universities to unlock opportunities for long-term institutional sustainability while supporting their role as centres of innovation, adding that the projects would help universities reduce their operating costs related to climate challenges. “By supporting practical sustainability solutions, we are helping create healthier, more efficient and sustainable learning environments for students, staff and the communities around them,” Kimtai said.

ALSO READ: Government assures schools of preparedness for El Niño Rains ahead of national exams

The partnership is also expected to promote the development of green infrastructure and skills among students, preparing them for a job market increasingly shaped by environmental and clean-energy needs.

The initiative will allow universities to invest in practical environmental solutions while creating more sustainable learning environments for future generations.

By Lizzy Aluga

Get more stories from our website: Education News 

To write to us or offer feedback, you can reach us at: editor@educationnews.co.ke

You can also follow our social media pages on Twitter: Education News KE  and Facebook: Education News Newspaper for timely updates.

>> Click here to stay up-to-date with trending regional stories

 

Sharing is Caring!

Leave a Reply

Don`t copy text!
Verified by MonsterInsights