World Bank: Kenya Risks 7% GDP Loss by 2050 Without Climate Action
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The World Bank warns Kenya could lose up to 7.25% of GDP by 2050 if climate action is not taken.
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Prolonged droughts and warming linked to economic decline forecasts.
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Kenya well positioned for emissions reduction with over 90% renewable energy.
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Additional spending needed to achieve carbon-free grid, but long-term savings expected.
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Climate finance should expand beyond just renewable energy to other key sectors.