Namibia lays groundwork for N$4.1b climate fund
The government has launched a joint multilateral development bank mission to finalise its Sectoral Transformation Investment Plan under the Climate Investment Funds’ Industry Decarbonisation Programme. The initiative aims to have Namibia access up to US$250 million (approximately N$4.1 billion) in concessional climate financing to support the transition of high-emitting sectors and scale up green industries. […] The post Namibia lays groundwork for N$4.1b climate fund appeared first on The Namib
The government has launched a joint multilateral development bank mission to finalise its Sectoral Transformation Investment Plan under the Climate Investment Funds’ Industry Decarbonisation Programme.
The initiative aims to have Namibia access up to US$250 million (approximately N$4.1 billion) in concessional climate financing to support the transition of high-emitting sectors and scale up green industries.
The World Bank is serving as the coordinating institution for the preparation process.
