Kenya: Technical Assistance Report-Climate Module of the Public Investment Management Assessment

Kenya

WASHINGTON, 22 February 2024 / PRN Africa / -- Summary:The Climate Module of the Public Investment Management Assessment for Kenya reveals strong performance in climate-aware planning and coordination. However, the analysis identifies challenges incorporating climate sensitivity in the project appraisal, selection, budgeting, and fiscal risk management processes. Implementing targeted modifications in these areas, such as enhancing project appraisal and selection criteria to include climate impacts, improving mechanisms for tracking climate expenditures, and expanding fiscal risk analysis to cover climate-related risks, could strengthen Kenya's public investment management practices and promote greater climate resilience.

SOURCE International Monetary Fund (IMF)