Namibia requires an estimated 285 billion Namibian dollars to execute its national climate action plan. The country’s president reaffirmed this commitment at a recent international climate conference, outlining a strategy involving 17 mitigation and 34 adaptation actions. These measures target key sectors like energy and agriculture, aiming to reduce carbon dioxide emissions by approximately 11.9 million tonnes.
The president emphasized that the vast majority of the necessary funding, equivalent to about 247 billion Namibian dollars, must come from international support. She urged developed nations and global financial institutions to honor their climate financing pledges, stressing that funds must be directly accessible to developing countries.
She also stated that the international loss and damage fund should work alongside new financial goals to create a more resilient and equitable world.
The president emphasized that the vast majority of the necessary funding, equivalent to about 247 billion Namibian dollars, must come from international support. She urged developed nations and global financial institutions to honor their climate financing pledges, stressing that funds must be directly accessible to developing countries.
She also stated that the international loss and damage fund should work alongside new financial goals to create a more resilient and equitable world.
