The Kenyan government has launched Thamani Asili, a 10-year, $160 million conservation program designed to protect biodiversity and improve community livelihoods. The initiative will focus on 17.3 million hectares of existing conservation areas and community-managed land across 31 counties, with plans to establish 2.7 million hectares of new conserved areas.
The program aims to benefit 1.6 million people and generate approximately 22,800 jobs. It involves an $80 million contribution from the government, with philanthropic partners expected to match this amount. The initiative brings together the Kenyan government, the Kenya Wildlife Service, The Nature Conservancy, and Enduring Earth.
Thamani Asili will utilize the Project Finance for Permanence model to establish a long-term financing framework for conservation, moving beyond short-term funding cycles towards predictable investment and measurable results.
Source: Mongabay