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Canada’s Total Climate Finance Contribution:
$4,113,525 CAD
Footnote*
- 2020 to 2021: $815,119 CAD
- 2019 to 2020: $958,392 CAD
- 2018 to 2019: $903,183 CAD
- 2017 to 2018: $370,134 CAD
- 2016 to 2017: $1,066,697 CAD
Targeted Countries:
Kenya
Funding Period: 2016 to 2017, 2017 to 2018, 2018 to 2019, 2019 to 2020, 2020 to 2021
Financial Instrument:
Grant
Type of Support:
Adaptation
Delivery Partner(s):
Description
This project aims to create sustainable economic growth and reduce economic disparities by supporting the development of profitable, competitive small- and medium-sized enterprises (SMEs) in the agriculture, construction and extractives sectors in Kenya. The project expects to reach 20,000 entrepreneurs to manage successful businesses and sustain the profitability and competitiveness of 250 targeted small entrepreneurs (SEs), SMEs and Lead Firms who respond to market opportunities. SEs in rural communities are mainly smallholder farmers. These farmers lack access to sustainable market opportunities, agriculture inputs, and the technology and financing they need to adapt to the impacts of climate change and maintain consistent production.
The project leverages existing relationships with Lead Firms and market incentives to benefit various business actors within their supply chains, which may include price discounts on green technology and climate-resilient inputs, as well as improved environmental and gender practices.
For more information, please visit Global Affairs Canada's Project Browser.
Results/Expected Outcomes
Achieved results to date include, amongst others, the linkage of 3,571 entrepreneurs (53% women) to green and climate-resilient inputs and technologies, primarily through innovation matching funds. In addition, by working with 18 small- and medium-sized enterprises (SMEs) acting as lead firms (4 female-led, 14 male-led) in the agricultural, construction and natural resource management sectors, the project is increasing the profitability, production and resilience of 17,619 small entrepreneurs and smallholder farmers (54% women) in their value chains through access to innovation, environmental and climate-proof technologies, market and finance. Business development and advisory services have been provided to an additional 134 SMEs (78 female-led).