German government to give Kenya 112 million euros to aid in transition to 100% renewables
The German government says it will provide Kenya with 112 million euros ($118 million) to help the East African nation close the gap to 100% renewable energy and produce hydrogen.
Kenya already gets about 90% of its electricity from renewable sources including hydropower, geothermal and wind. It aims to phase out entirely the use of fossil fuels for electricity generation by 2030.
Germany's Development Ministry said Monday that 51 million euros will be earmarked for new energy infrastructure and hydrogen production, while about 30 million euros will be used for training programs. Efforts to make Kenya's agriculture more resilient to drought will get a further 30 million euros and 1.5 million euros will be spent on anti-corruption programs.
The funds — 76 million euros of which will be in the form of loans — are part of an agreement that German Chancellor Olaf Scholz and Kenya's President William Ruto reached at the U.N. climate conference last month.
Hydrogen produced with renewable energy can be exported or used to make much-needed fertilizer for Kenya's domestic agriculture industry.
[Staff Report]
More: Germany to help Kenya hit 100% renewables, export hydrogen
