Results-Based Finance (RBF)
This intervention will contribute to Kenya’s green growth, providing low-carbon and lower-polluting employment opportunities, increased income, enhanced resilience, and a better quality of life.
Energy for Green Growth and Sustainability in Kenya
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REACT Kenya
Energy for Green Growth and Sustainability in Kenya
The Renewable Energy and Climate Technologies programme (REACT) Kenya is a four-year initiative implemented by the AECF in Kenya and funded by the Swedish International Development Cooperation Agency (Sida). The programme’s key objective is to reduce energy poverty, environmental degradation, and resource depletion, and contribute to economic growth and increased employment opportunities.
The programme seeks to contribute to Kenya’s green growth by providing employment opportunities, increasing incomes, enhancing resilience, and improving the quality of life by transforming the energy access, e-mobility, and waste management sectors for sustainable development.
This programme aims to:
- Increase access to modern energy services for underserved communities.
- Enhance access to productive use of energy (PUE) solutions for MSMEs and agricultural value chains.
- Support the growth of reliable and affordable e-mobility services (mainly 2- and 3-wheelers) in Kenya.
- Promote circular–economy principles, including ecosystem restoration, waste recycling, and green transition technologies. The programme will accomplish these goals by offering tailored, concessional capital and technical assistance to innovative companies.
Milestone-Based Grants (MBG)
Supports early-stage and innovative businesses requiring upfront investment. The grants facilitate market entry, refine business models, and improve affordability for solutions targeting underserved markets.
