Namibia begins CIF mission to advance green industrialization

WINDHOEK, June 22 — Namibia on Monday began a joint mission under the Climate Investment Funds (CIF) Industry Decarbonization Program to prepare an investment plan aimed at mobilizing climate finance and advancing green industrialization.

Speaking at the opening of the mission in Windhoek, National Planning Commission Director General Kaire Mbuende said the program offers Namibia an opportunity to accelerate investment in renewable energy, green hydrogen, low-carbon industrial value chains and enabling infrastructure.

A key outcome of the process will be the development of Namibia‘s Sectoral Transformation Investment Plan, or s-TIP, which will identify priority investments, strengthen institutional coordination and help mobilize concessional climate finance alongside wider development and private-sector support.