Home Southern Africa Namibia needs over N$112bn to address greenhouse emissions

Namibia needs over N$112bn to address greenhouse emissions

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Namibia needs about N$112.3 billion to successfully address Greenhouse emissions by 2030 stated the Minister of Environment, Forestry, and Tourism Pohamba Shifeta. Namibia is expected to implement the Nationally Determined Contribution (NDC) programme as per the requirement of the Paris Agreement, an international treaty on climate change.

Namibia needs about N$112.3 billion to successfully address Greenhouse emissions by 2030 stated the Minister of Environment, Forestry, and Tourism Pohamba Shifeta. Namibia is expected to implement the Nationally Determined Contribution (NDC) programme as per the requirement of the Paris Agreement, an international treaty on climate change.

Through a documented programme, the ministry pledged its commitment to the world towards limiting the global temperature rise to well below 1.5 degrees Celsius. This shows how well the country intends to increase resilience across the key economic sectors in limiting greenhouse gas emissions. The focused sectors include – Energy, Waste, Industrial Processes, and Product Use; as well as Agriculture, Forestry and other Land use. The aim is to reduce greenhouse gas emissions by 91% by 2030. It is estimated that implementation of the NDC will cost around N$112.3 billion of which N$65.2 billion is for mitigation measures and N$47.1 billion is for adaptation targets, respectively.

In terms of funding, Shifeta said, 90% of the required funds to implement the NDC will be sourced from multilateral and bilateral sources and only 10 % of the funding will be sourced domestically. In view of the above figures, the Ministry will continue to work with different development partners and multilateral funding windows such as the Adaptation Fund, Global Environmental Facility and Green Climate Fund to mobilise climate finance. A total of 1600 applications for environmental clearance were received in 2022, and over 75% of environmental clearance certificates were issued, especially for activities related to hazardous substances, infrastructure development, land rezoning, and mining.

The Ministry was also able to inspect 80 sites for environmental compliance and monitoring in 2022. Illegal sand mining still remains a challenge, the Ministry is working closely with Traditional Authorities and Nampol to better regulate ever-increasing sand mining activities. The Ministry also developed draft regulations specific to sand mining in terms of the Environmental Management Act to improve coordination and regulation of this difficult challenge. In areas of solid waste management, the Ministry is working with various stakeholders on waste disposal standards and guidelines.

Read Also:

https://trendsnafrica.com/finnish-companies-eye-ventures-in-namibian-renewables/

https://trendsnafrica.com/eif-mobilises-n3-billion-for-environmentally-sound-projects-in-namibia/

https://trendsnafrica.com/hyphen-hydrogen-energy-namibia-announces-750000t-ammonia-offtake/

 

Namibia Standard Institute currently working on adopting the South African minimum requirements for waste disposal at landfills. Furthermore, the Ministry submitted a proposal to the cabinet to ban single-use plastic carry bags in 2023 as a measure to reduce litter and environmental degradation.

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