Financing for Development and Socio-Ecological Transitions: A Review of Chinese Investments in Kenya

Antony Kamakia, Shi Guoqing, Mohammad Zaman, Zhou Junbi

Abstract


Kenya has adopted a comprehensive development path to accelerate and create suitable conditions for sustainable development as outlined in the “Vision 2030.” A key strategy is the catalytic role of bilateral loans and finances which have increased in manifolds over the years. However, a growing and critical discourse has emerged about the social-ecological sustainability in the Chinese-financed development projects, within the context of China-Africa engagement policy. China is playing significant role in the economic growth of developing countries and in particular, critical investments in productive sectors. This paper examines the development-induced displacement and resettlement (DIDR) framework and explores the social-ecological impacts and outcomes of some selected Chinese-financed projects in Kenya. The paper also examines the various social-ecological guidelines and standards issued by Chinese authorities over-time, for their overseas investments and operations. It concludes that contemporary Chinese-financed development and investments in Kenya are resulting in increasing, improving and sustainable social-ecological outcomes.


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DOI: https://doi.org/10.5296/emsd.v7i2.12561

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Copyright (c) 2018 Antony Munene Kamakia

Environmental Management and Sustainable Development  ISSN 2164-7682

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