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Investment climate assessment for circular bioeconomy - review of national policies and strategies in Kenya

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Title Investment climate assessment for circular bioeconomy - review of national policies and strategies in Kenya
 
Creator Hagos, Fitsum
Gebrezgabher, Solomie
Taron, Avinandan
Odero, J.
 
Subject circular economy
bioeconomy
climate
assessment
policies
strategies
regulations
financing
infrastructure
waste management
business models
resource recovery
reuse
stakeholders
institutions
funding
markets
gender equity
 
Description This study assessed the investment climate for circular bioeconomy in Kenya by reviewing the national policies, strategies and regulations, financing mechanisms, infrastructure and business environment. The study identified key gaps in these areas affecting waste management and entrepreneurship development in the circular bioeconomy sector. There are key developments at the policy level and some developments in entrepreneur promotion in resource recovery from different waste streams. The specific focus of the policies, strategies and regulations in the waste sector, lack of coordination of the relevant sectors in waste management, weak horizontal communication between sectors and implementation and compliance problems are main gaps in promoting circular bioeconomy. Absence of drastic changes in actual behaviour such as waste separation at source and lack of incentives in entrepreneurial development are also critical challenges. While addressing these gaps, the progresses identified need to be further scaled out to make waste management and circular bioeconomy in Kenya sustainable. Establishment of multiple stakeholder platforms involving key actors in the sector and enhancing awareness is important in promoting resource recovery and reuse. Promotion of incubator centres to enhance local capacity and foster uptake of resource recovery and reuse businesses is critical.
 
Date 2022-10-01
2023-01-23T21:26:03Z
2023-01-23T21:26:03Z
 
Type Report
 
Identifier Hagos, Fitsum; Gebrezgabher, Solomie; Taron, Avinandan; Odero, J. 2022. Investment climate assessment for circular bioeconomy - review of national policies and strategies in Kenya. Colombo, Sri Lanka: International Water Management Institute (IWMI). CGIAR Initiative on Nature-Positive Solutions. 34p.
https://hdl.handle.net/10568/127927
https://www.iwmi.cgiar.org/Publications/Other/PDF/investment_climate_assessment_for_circular_bioeconomy-review_of_national_policies_and_strategies_in_kenya.pdf
H051641
 
Language en
 
Rights CC-BY-4.0
Open Access
 
Format 34p.
 
Publisher International Water Management Institute (IWMI). CGIAR Initiative on Nature-Positive Solutions