Climate Change Data

African Development Bank Group

Climate Impact & Sustainability Data (2024-2028)

Reporting Period: 2024-2028

Environmental Metrics

Renewable Energy Share:89.6% in December 2022
Total Energy Consumption:2149 MW in December 2022

ESG Focus Areas

  • Gender
  • Climate Change and Environment
  • Fragility (including security)
  • Private Sector Development
  • Institutional Improvement
  • Digitization

Environmental Achievements

  • Increased share of renewable energy in the energy mix from 79.3% in 2017/18 to 89.6% in December 2022
  • Commissioned the Ethiopia-Kenya Electricity Highway delivering 200MW

Social Achievements

  • Number of people living in extreme poverty declined marginally to 18% in 2022 from 19% in 2019
  • Unemployment rate to 4.9% in 2022 from 6.5% in 2019
  • Increased enrollment in TVET by 43%, and 77% of TVET graduates were employed

Governance Achievements

  • Kenya improved its ranking by two places to 6 in 2021 against 8 in 2020 out of 54 on the CPIA
  • Kenya slightly improved its score to 32/100 (with global ranking 123/180) in 2022 from score of 30/100 (128/180) in 2021 on the CPI

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions by 2050

Environmental Challenges

  • Slow pace of structural transformation
  • Vulnerability to external shocks (climate change, commodity price fluctuations, global financial tightening)
  • Infrastructure deficiencies
  • Limited access to and high cost of finance
  • Skills mismatch
  • Governance challenges (corruption, inefficiency)
  • High cost of doing business
  • Income inequality
  • Youth unemployment
  • Delays in project start-up and implementation
  • Slow disbursement and increased number of aging projects
Mitigation Strategies
  • Selective approach to Bank interventions
  • Focus on two priority areas: boosting private sector growth and human capital development
  • Fiscal consolidation program
  • Debt management strategy
  • Capacity building initiatives
  • Innovative financing approaches
  • High-level dialogue to address implementation challenges
  • Bank financing for compensation payments to reduce start-up delays
  • Improved monitoring and evaluation

Supply Chain Management

Climate-Related Risks & Opportunities

Physical Risks
  • Drought
  • Floods

UN Sustainable Development Goals

  • Goal 6
  • Goal 9
  • Goal 12
  • Goal 16
  • Goal 3
  • Goal 4
  • Goal 8
  • Goal 13

Alignment with SDGs is described within the document