Without investing in the right places, the world will not achieve its climate goals.
Climate action requires significant financial investments, such as in new energy systems and infrastructure that can withstand climate change impacts. But climate inaction is vastly more expensive.
All countries need to reduce their emissions and adapt to climate change. But many developing countries lack the resources and the technology to do so. Â Financial investments to combat the climate change are thus important.
The Co-operative movement in Kenya is increasingly taking up the role of environment conservation. Many Co-operative Societies are assisting their members to embrace environment conservation.
 Savings and Credit Co-operative Societies (Saccos) are offering financial support to support members in combating adverse effects of climate change. For instance Kenya National Police DT Sacco and Taifa DT Sacco have partnered with various providers to help members purchase water tanks,solar panels and household electronic appliances.
Annually, co-operators around the country plant trees as part of the activities leading up to the International Co-operatives Day and Co-operative Societies also participate in environment through Corporate Social Responsibility (CSR) programmes. Trees helps farmers in income generation, environmental conservation, as well as forest cover contribution
The Kenya Union of Savings and Credit Co-operatives (KUSCCO) partnered with The Nature Conservancy (TNC), an environmental conservation organization, to implement a project to increase tree planting and sustainable wood supply in Kenya, through smallholder forestry initiatives. Dubbed ‘KUZA MITI’ which is Swahili for ‘grow trees’, the project is aimed at commercializing tree planting in Kenya through the co-operative movement and also support environmental conservation. Through this project, financial co-operatives, popularly known as Savings and Credit Co-operatives (SACCOs) can access certified tree seedlings from the Tree Biotechnology Program Trust (TBPT), for planting within their communities, and thus contribute to achieving 10% forest cover in the country. In so doing, financial co-operatives are taking urgent action to combat climate change and its impacts in line with Goal 13 of the Sustainable Development Goals.
