Looking at the climate change space generally, the sector by nature is new. A lot of the things in the sector are new especially from a business model perspective. KCV works with a mixture of models such as B2B, hire purchase and pay to go. The technologies and products may not necessarily be new as some of them have been around for a long time.
Kenya Climate Ventures (KCV), a World Bank Fund, just concluded an investment round in Sistema.bio to deliver sustainable renewable energy and agricultural solutions to farmers in Kenya.The convertible debt investment will help accelerate Sistema.bio’s expansion and growth of the existing market in Kenya. This will ensure residents in rural areas gain access to clean energy by profitably managing all the waste in their households while safeguarding their health.
Climate change continues to increase risks to businesses, infrastructure, assets and economies leading to slower than expected growth of Small and Micro Enterprises (SMEs) into corporates that are able to promote climate-smart solutions.
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