Namibia hunts for climate investors at COP31
Namibia is searching for international investors to fund a climate plan costing US$14-billion. The goal is to protect water resources, create jobs, and address climate change by 2035. Minister Indileni Daniel stated these funds are for the third Nationally Determined Contribution launched in September. This plan consists of 72 measures and 216 actions across 13 sectors. Daniel expressed that the country wants to turn these plans into projects for communities. He noted that the delegation traveled to Antalya to build partnerships and advance practical cooperation.
Namibia is seeking international investors to help finance its US$14-billion (approximately N$240-billion) climate plan aimed at addressing climate change, protecting water resources and creating jobs by 2035. Minister of environment, forestry and tourism Indileni Daniel says the money is needed to implement Namibia’s third Nationally Determined Contribution, launched in September this year. The plan includes 72 measures and 216 actions across 13 sectors. Daniel says Namibia wants to turn its climate plans into projects that benefit communities. “We have not travelled from Namibia to Antalya to merely participate in discussions. We are here to build partnerships and advance practical cooperation,”