×
App Icon
The Standard e-Paper
Read Offline Anywhere
★★★★ - on Play Store
Download Now

Climate change could derail EAC economies, central bank bosses warn

Vocalize Pre-Player Loader

Audio By Vocalize

Central Bank of Kenya Governor Kamau Thugge. [Boniface Okendo, Standard]

Central banks from the East African Community (EAC) bloc are raising the alarm on climate change and its impact on the regional economies.

They see it as a major threat to the region's economies and are now calling for a stronger response from respective governments. Led by Kenya's Central Bank (CBK) Governor Kamau Thugge, the banking regulators warned in a statement that the negative impacts of climate change are already evident.

Premium Article

Get Full Access for Ksh299/Week.

Bold Reporting Takes Time, Courage and Investment. Stand With Us.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902
By AFP 3 hrs ago
Premier League
Man City must respect Arsenal in title showdown, says Guardiola
By AFP 3 hrs ago
Premier League
Rosenior admits Chelsea in 'difficult place'
Football
Mathare United edge New Mathare FC in slum derby
Football
FIFA Series: Harambee Starlets Sh1.5 million richer after 2-0 win over India, Australia final next