Climate Financing Landscape in Namibia - BERNADETTE SHALUMBU MINISTRY OF ENVIRONMENT, FORESTRY AND TOURISM

Climate Financing Landscape Climate Financing Landscape in Namibia BERNADETTE SHALUMBU MINISTRY OF ENVIRONMENT, FORESTRY AND TOURISM Climate Financing • Objective 5 of the National Policy on Climate Change: • Aims to provide secure and adequate funding resources for effective adaptation and mitigation investments on climate change. [...] • The Ministry continues to work closely with different multilateral and development partners to secure climate financing to enable the implementation of the climate change agenda in the country. [...] • As the focal point Ministry to different multilateral funding windows: • The Ministry has played a major role in coordinating the development and submission of project proposals to access funding from these multilateral windows: ➢ Green Climate Fund, Global Environmental Facility and the Adaptation Fund 25/06/2021 8:29 AM Ministry of Environment, Forestry and Tourism 2 Importance of the GCF • Th. [...] 25/06/2021 8:29 AM Ministry of Environment, Forestry and Tourism 3 GCF business model Ministry of Environment, Forestry and Tourism 25/06/2021 8:29 AM page 4 Roles of the National Designated Authority (NDA) ❑ To communicate the country’s strategic priorities for financing low-emission and climate-resilient development across its economy; ❑ Convene national stakeholder consultations/meetings; ❑ App. [...] 25/06/2021 8:29 AM Ministry of Environment, Forestry and Tourism 10 Ongoing Climate Change Activities (GEF) • Established in 1992 and assists developing countries in protecting the global environment in the areas of biodiversity, climate change, international waters, chemicals management and land degradation • Funding for all of Namibia’s Biennial Update reports to the UNFCCC, as well as National.