The State is set to roll out a value index to make Kenya’s land market transparent and cut wasteful public project spending due to speculative activity that drives up costs, the World Bank has said.

The long-awaited index is also expected to boost own-source revenue collection by counties from land property.

Kenya currently lacks standardised land value information—a loophole that has been exploited by cartels over the years to entrench fraud and exploitation in property prices.

La construcción de 12,000 kilómetros de vías en la selva amazónica de Bolivia, Brasil, Colombia, Perú y Ecuador durante los próximos cinco años podría causar la deforestación de 2.4 millones de hectáreas en las dos décadas posteriores

Destruction in Brazil’s portion of the Amazon rose 30% in March, compared to the same month a year ago, according to the country’s space research agency, INPE.

In the first three months of the year, Amazon deforestation was up 51% from a year ago to 796 square kilometers (307 square miles), an area roughly the size of New York City.