Kenya aims to achieve universal access to clean water by 2030, requiring substantial financial commitment, as highlighted by Water and Sanitation Principal Secretary (PS) Julius Korir during the Water and Sanitation Investors Conference 2024 in Nairobi.
Korir emphasized the scale of the endeavor, stating, “The cost of providing water to all by 2030 is around sh.995 billion.”
He outlined a diverse funding strategy involving public, private, and international partnerships to meet this goal.
National and county governments are expected to contribute approximately 11 percent of the total cost, which amounts to about Sh.105 billion.
Development partners are anticipated to provide Sh.77 billion through grants, constituting around 8 percent of the required funding.
In addition to grants, concessional financing is being explored, although fiscal constraints may pose challenges. Korir noted, “At the time of doing this paper it was around 40 percent which is Sh.395 billion.”
Korir stressed the importance of a multisectoral approach, advocating for public-private partnerships (PPPs).
He stated, “For PPPs we are targeting around 31 percent or Sh.313 billion.”
Commercial and blended financing is also part of the strategy, amounting to Sh.82 billion or eight percent.
The government aims to attract climate financing investors for water storage, further diversifying funding sources and ensuring the sustainability of water access initiatives.
This comprehensive strategy reflects Kenya’s commitment to providing clean water for all its citizens by 2030.
