News Column

Kenya Could Have Saved Sh7 Billion Lost in Drought

July 3, 2014

Kennedy Lesiew

Kenya lost more than Sh7 billion last year due to drought. The losses could have been avoided if the country had put in place measures to deal with challenges posed by climate change, Intergovernmental Authority on Development director Mohammed Musa said.

Musa yesterday said his coordinating programmes that will help pastoralist communities have defences against future droughts.

He said harmonisation of the regional project will ensure residents are able to respond promptly and effectively to crises.

The World Bank has approved $122 million (Sh10.7 billion) for the project, senior operations manager Peter Fernandes Cardy has said.

Cardy said the World Bank approved $77 million (Sh6.8 billion) for Kenya, $40 million (Sh3.5 billion) for Uganda and $5 million (Sh438.8 million) for Igad, which is coordinating the project.

Livestock PS Khadija Kasachoon said the government approved Sh6.5 billion in the 2014-15 financial year to cushion residents in drought-prone areas against negative impact of adverse climate changes.

She said the programme will also include disease surveillance in arid and semi-arid lands.

Kasachoon said Kenya, Uganda and Ethiopia have partnered in the five-year project and there are talks to bring on board South Sudan and other countries in the horn of Africa.

They were speaking at the Boma Inn Hotel in Eldoret town.

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: AllAfrica

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters