Kenya's building code has been updated to recognize alternative construction methods, such as using locally sourced materials or innovative designs. This change aims to promote sustainable and cost-effective building practices. However, despite the regulatory approval, banks and insurers remain cautious about financing and insuring properties built with these methods.
The hesitation from financial institutions stems from concerns over the long-term durability and safety of alternative materials. Insurers also face challenges in assessing risk and setting appropriate premiums for properties that do not conform to traditional building standards. As a result, the adoption of these methods remains limited, despite their potential to reduce costs and environmental impact.
Industry experts suggest that greater collaboration between regulators, builders, and financial institutions could help address these concerns. Until then, the use of alternative construction methods in Kenya will likely continue to be a niche practice rather than a widespread solution.
