OFFICIAL HANDOVER OF SPONSORSHIP FOR THE COUNTRY'S PAVILION AT COP28

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NAMIBIA’S PAVILION AT COP28: A BEACON FOR CLIMATE ADVOCACY 

 

Windhoek, Namibia - 20th November 2023

 

In a pivotal moment orchestrated by the Ministry of Environment, Forestry, and Tourism, Namibia initiates a groundbreaking chapter in climate advocacy—the official handover of sponsorships for the country's pavilion at COP28.

Namibia's pavilion at COP28 emerges as a strategic platform, eloquently articulating the nation's climate goals and spotlighting sustainable practices outlined in its National Determined Contributions (NDCs). Beyond a diplomatic centerpiece, it stands ready to engage international stakeholders, foster partnerships, and make significant contributions to global climate discussions. Serving as a beacon for Namibia's climate challenges and innovative solutions, the pavilion emphasizes resilience, adaptation, and international cooperation in addressing the impacts of climate change.

Generous sponsorships from prominent Namibian entities, including Bank Windhoek (N$300,000), Capricorn Foundation (N$200,000), Namibia Agronomic Board (N$600,000), RMB Namibia (N$200,000), Ninety One Namibia (N$100,000), Climate Fund Managers (N$100,000), NASRIA (N$50,000), Standard Bank Namibia (N$50,000), NamibRe (N$50,000), UNDP (N$20,000), and Cranmore Partners (N$182,943 or 10,000 USD equivalent), make Namibia's pavilion a reality. The collective sponsorship, totaling N$1.8 million, underscores their commitment to support the pavilion at the 28th Conference of Parties (COP28).

These sponsorships empower the Namibian delegation to actively participate in negotiations, share best practices, and reaffirm its dedication to climate action. Beyond enhancing Namibia's visibility, these contributions play a pivotal role in shaping the global climate agenda.

 

 

Environmental Commissioner Mr. Timoteus Mufeti, representing the Ministry of Environment, Forestry, and Tourism, emphasized the pavilion's vital role as a dynamic hub for knowledge exchange, fostering collaborations, and showcasing innovative solutions. Leveraging COP28 as a robust climate change negotiation platform for Namibia, the pavilion sponsorship event is an integral part of the COP28 delegation's pre-departure meeting.

This preparatory meeting included presentations on the science and politics of climate change, the historical background of the Conference of Parties (COP), Namibia's country position at COP28, key agenda items for negotiations, Namibia’s NDC implementation roadmap, and the mapping of interests of Namibian delegates at COP28.

Scheduled from November 30 to December 12, 2023, in Dubai, the United Arab Emirates, COP28 anticipates an impactful contribution from Namibia, facilitated by the collaborative sponsorship efforts of these distinguished Namibian entities.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

About EIF

The Environmental Investment Fund is Namibia’s own response to the growing global need for green financing. Established in terms of the Environmental Investment Fund Act, Act 13 of 2001 with a mandate to raise funding for investments into projects and programmes that promote sustainable development it is currently one of the fastest growing green and climate financing institutions in Africa. As part of its vision to be “a recognized leader in the development and application of innovative financing mechanisms to support sustainable development and ensuring inclusive development for all the people of Namibia. 

Amongst its recognizable impacts to date since inception, the Fund has disbursed grants valued at more than N$ 583 million, ensured that more than 240, 256 hectares of land are under conservation, 71 grants approved for different environmental projects, created more than 950 employment opportunities mostly rural based and include season ones and retrofitted 169 boreholes that benefitted more than 77 000 who now have access to portable drinking water and attracted N$ 820 million for concessional Green Credit Line with participating commercial bank from Agence Française de Développement (AFD) under the SUNREF project in Namibia. To-date attracted and mobilised more than N$3 billion mostly from multilateral and developmental funding institutions and partners. For more information visit: http://www.eif.org.na

For more information on the EIF visit: http://www.eif.org.na/

 

 

 

Contact Person:                      Lot Ndamanomhata

                                                Manager Corporate Communications

Environmental Investment Fund of Namibia (EIF)

Tel: +264 811601846/+264614317706

Email: LNdamanomhata@EIF.ORG.NA