Bank of Namibia planning climate data diagnostic study

Staff Writer

The Bank of Namibia is advancing a national diagnostic study to assess the availability, quality, consistency and accessibility of climate-related data.

The study aims to identify existing gaps and strengthen the financial sector’s understanding of where climate-related risks are concentrated across geographic areas and economic sectors, as well as how these exposures may evolve over time, with the ultimate aim of mitigating climate change through adaptation and resilient measures.