UN Arm Mulls $100 Million Bond for Kenyan Biodiversity Projects

A member of the rescue team tags a young green sea turtle in Watamu, Kenya. — A member of the rescue team tags a young green sea turtle in Watamu, Kenya.
Photographer: Frederik Lerneryd/AFP/Getty Images

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April 21, 2026 at 9:36 AM UTC

The Biodiversity Finance Initiative is holding early-stage talks on issuing a $100 million bond to fund marine and terrestrial projects on the Kenyan coast.

BIOFIN, a global United Nations Development Programme initiative, is “exploring a green-blue finance instrument,” said Christine Mwangi, the program manager.