Partnering with Business for Restoration of Mt Kenya ecosystem services
Key Facts
FUNDING SCHEME Main Project
VALUE £336,276
WHERE Kenya
Summary
Commercial water users, who extract water from rivers emanating from Mt Kenya’s forests make strategic commitments to support forest restoration in order to sustain the quality of their water supply. Twelve local forest communities, empowered as water-providers/suppliers, secure financing agreements with commercial downstream water users (buyers) to fund restoration of 500 hectares of forest annually to protect Mt Kenya’s biodiversity and sustain and improve its water provision services. Lessons learned enhance Nature Kenya’s capacity to mainstream biodiversity financing into business. Twelve local forest communities, empowered as water-sellers, secure financing from downstream water buyers to plant 500 Ha of Mt Kenya forest catchment annually to maintain biodiversity and water provision services.
Kenya Forest Service (KFS), Mt Kenya Biodiversity Conservation Organisation (Mt KEBIO), Ministry of Environment (MoE), The National Museums of Kenya (NMK), Community Forest Associations (CFAs), Nairobi City County Government, KENGEN, KPLC, The Nature Conservancy