Kenya has secured a Sh16.4 billion concessional loan from the International Fund for Agricultural Development (IFAD) to support a new programme aimed at improving rural livelihoods and protecting the environment across ten counties.

The Integrated Natural Resources Management Programme (INReMP) was formalised on Monday through a financing agreement signed by Treasury Cabinet Secretary John Mbadi and IFAD Regional Director Sara Mbago-Bhunu.

The loan is on blend terms, with a 1.41 percent interest rate, 1.39 percent service charge, a 25-year repayment period, and a five-year grace period.

Speaking during the signing, Mbadi said the programme will address the pressing challenges of environmental degradation, climate change, and falling rural incomes.

“This programme is not just about conserving the environment—it’s about securing the livelihoods of our rural communities, restoring their natural resources, and building resilience for future generations,” he said.

The programme will be implemented in Elgeyo Marakwet, West Pokot, Trans Nzoia, Uasin Gishu, Nandi, Kakamega, Kericho, Kisumu, Homa Bay, and Migori.

It will focus on sustainable natural resource management, empowering rural institutions, and supporting income-generating activities that are environmentally friendly.

Mbago-Bhunu said the new initiative builds on IFAD’s ongoing work in Kenya, which includes four other projects supporting agriculture, aquaculture, livestock, and rural financial inclusion. She reaffirmed IFAD’s commitment to helping Kenya reduce rural poverty, boost food security, and enhance climate resilience.