Namibia receives $ 186 million Namibian environmental fund



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The Ministry of the Environment received 186.5 million Namibian dollars from the Global Environment Facility for Climate Change Mitigation, Biodiversity Management and the Fight Against Degradation lands.

Minister of Environment Pohamba Shifeta said yesterday that strengthening resilience to climate change, conserve and sustainably manage biodiversity and prevent land degradation as well as restore degraded lands.

Shifeta made the remarks during a press conference on the results of the sixth meeting of the Global Environment Facility (GEF) held in Vietnam from June 27 to 28 .

The GEF was created in 1991 to address the world's most pressing environmental problems. It is an international partnership of 183 countries, international institutions, civil society organizations and the private sector that address global environmental issues.

"The GEF provides funding to developing countries and countries with economies in transition to achieve the objectives of these international conventions and agreements on the environment," he said, adding that the fund is being replenished the four years.

The minister said that of the 186.5 million Namibian dollars, 13.44 million dollars will be spent on mitigating climate change. He added that it was time for the ministry to design programs and bankable projects to take advantage of the benefits.

Shifeeta said that wildlife development tourism tourism will be one of the main areas of interest during the seventh period of the World Environment Facility.

"This will include interventions to mitigate He added that since 1998, the country has implemented more than 30 national projects that were worth being funded by the communities." Last month, Mr. Nampa quoted the minister as dismayed by Namibia's classification as upper-middle-income country, saying that this would likely result in a reduction of the country's climate change financing.

Shifeta told Nampa that Namibia is currently facing challenges from climate change, especially human-wildlife conflict, a key area in the GEF7 cycle

– Supplementary report by Nampa

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