Namibia Needs Over N$260 Billion for Climate Goals

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Namibia Needs Over N$260 Billion for Climate Goals
Namibia Needs Over N$260 Billion for Climate Goals

Africa-Press – Namibia. President Netumbo Nandi-Ndaitwah has revealed that Namibia needs N$260.5 billion to meet its climate change goals.

She said more than 70% of Namibia’s population depends directly on agriculture and that the country’s fragile water supplies are under immense strain.

To address this, she said, the country will consolidate all efforts into a single, high-priority national programme.

“Namibia needs approximately US$15 billion to meet her climate goals, with 90% of adaptation costs reliant on international support,” she said.

She made this revelation on Saturday at the G20 summit in Johannesburg, during a session on disaster risk reduction and climate change.

She said Namibia is refocusing its efforts on the country’s approach towards resource mobilisation.

“The era of deliberation without implementation must end,” she said.

She said Namibia has the political will, transparent

governance and a proven track record.

Nandi-Ndaitwah said what it requires is partnerships in finance and technological advancement, which are commensurate with the scale of the challenges at hand.

As the cost of disasters increases and international assistance dwindles, the president said, more and urgent concrete actions

are needed in the next five years to sustain progress

towards achieving the expected outcome and goal of the Sendai Framework by 2030.

She said this will contribute to meeting social development goals.

“Our work on disaster risk reduction, climate change and food security must be transformative,” she added.

She said the success of this requires partnerships built on accessible finance and fair technology transfer.

She said Namibia is undertaking bold measures to transform its food systems and reduce dependence on imports.

The focus, she added, is to reduce agricultural imports, strengthen domestic production and build a climate-resilient agricultural infrastructure with a strong focus on irrigation, water harvesting, storage and rural value chains

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