Higher learning institutions in the country have been urged to actively participate in the fight against climate change and also train their focus on green innovations.
Absa Bank Kenya CEO and Managing Director Abdi Mohammed noted with concern that in an era where climate change and environmental sustainability are defining the global agenda, Universities must be at the forefront in championing and amplifying the conversation for its fruition.
The CEO averred that the recent climatic changes including floods and severe droughts in the country are an awakening call to responsible institutions including institutions of higher learning to come up with credible actions, policies and plans to win the war against climate change and deter the rising effects of global warming.
He noted that by doing so, the institutions will play a pivotal role not only in combating climate change but also creation of green jobs for the youths thereby reducing unemployment rates in the country and globally.
The CEO spoke at Zetech University in Juja, Kiambu County where he was the chief guest during the institution’s 8th graduation ceremony that saw some 2566 graduands conferred with Masters, Degrees and Diplomas in diverse disciplines.
Mohammed maintained that skills in areas such as renewable energy, energy efficiency, waste management, water conservation, sustainable agriculture, circular economy and environmental protection will be highly sought after.
“As a bank, we recognise that addressing climate change requires every sector to rethink its approach to business and investment. From renewable energy to eco-friendly projects, Absa has been at the forefront of green financing in Kenya. Our investments are increasingly focused on supporting businesses that prioritise environmental stewardship and demonstrate a commitment to reducing their carbon footprint,” Mohammed said.
He reiterated that Absa Bank is ready to partner with institutions on Green Financing and Sustainability adding that the Bank’s portfolio aims to support businesses and institutions that are committed to environmental consciousness.
“We understand that our role as financiers goes beyond providing capital; it is about encouraging responsible practices that contribute to a sustainable future. Our approach to sustainability is multi-faceted. We invest in projects that promote renewable energy, waste reduction, and efficient water usage,” he said.
Mohammed added:
“By funding green projects, we not only contribute to Kenya’s climate resilience but also support job creation in emerging green sectors. In doing so, we foster a circular economy where shared prosperity becomes a reality."
The CEO at the same time challenged Universities and other institutions of higher learning in the country to focus and embark on green innovations that will offer solutions to environmental and social matters.
He cited some of the green innovations at Zetech University including the AirSafi - air-purification project and the Smart Pest Deterrent System.
“These inventions demonstrate our institution’s capacity to find solutions that address pressing environmental and social issues,” he said.
He also challenged students and graduates to utilize the knowledge and skills acquired in Universities and colleges to positively impact society and the world at large.
“Climate change is an urgent issue, and you are the generation with the power, knowledge, and creativity to tackle it head-on. Your creativity can lead to groundbreaking innovations, and your green skills can drive sustainable practices,” he said.
Zetech University Vice Chancellor Prof Njenga Munene reiterated that the institution is committed to creating technologies that serve society and promote environmental sustainability.
