In this episode of Jijuze, Brian discusses the pivot to a circular economy in Kenya, emphasizing that finance, not innovation, legislation or public awareness alone, lies at the crux of this transition. He points out, using examples from France, South Korea, and South Africa, how circular success stories have been capital-driven. He suggests that Kenya would need to move away from unreliable funding systems and design a capital architecture, encompassing public, private, and philanthropic capital, to be able to achieve this change. Brian highlights the need for blending finance with elements like enforceable Extended Producer Responsibility economics and ensuring the integration of informal waste workers into the economic framework. He concludes, stating that creating a robust financial architecture is significant as otherwise even promising breakthroughs may collapse due to familiar structural failure.
