The private sector participation in climate change mitigation and adaptation is critical and has been widely acknowledged. As a result, KEPSA, KAM, and KCIC conceptualized the Corporate Commitment to Climate Change (4CK) in 2021 which culminated in a declaration of taking climate action by the corporate leaders.
The outcome of this was a 10-point charter that zeroed in on taking measures in reducing GHG emissions by at least 5% per annum with a base of 2020 to ensure Kenya achieves its Nationally Determined Contributions (NDC) target to abate 32% by 2030.
It also sought to integrate climate change mitigation and adaptation actions into products/services, and business models through the development of sustainability strategies for businesses including net-zero plans, and implementation roadmaps that guide in monitoring the progress of emission reduction and sustainability reporting.
The second 4CK conference will be held in October 2022 as a pre-cop event aimed at reporting the progress made by the private sector on each of the 10 points signed.