Further delays in these commitments or if they are unambitious would spell doom to our destiny. In the build up to COP26, Kenya and other countries have been scaling up their climate actions at the sectoral and national levels.
Most recently, there have been tentative signs of stabilisation in some survey data, albeit at historically low levels. These indications, however, require confirmation on a broader basis. In the view of the Governing Council, the outlook for the economy remains surrounded by an exceptionally high degree of uncertainty. Overall, risks to economic growth remain clearly on the downside.