Africa-Press – Namibia. PRESIDENT Hage Geingob’s recently concluded working visit abroad has strengthened and once again proved Namibia’s position on the international stage regarding diplomacy, commitment and relevance, while at the same time promoting the country as a preferred investment destination.
“This trip signified that Namibia’s economic recovery plan, which includes international economic diplomacy, is globally relevant and has the potential to transform the country’s fortunes,” the president said at a media briefing yesterday.
Geingob gave feedback on his many engagements with world leaders and international investors during the World Leaders Summit, the 26th Conference of Parties (COP 26), the Peace Summit and the 75th anniversary of the United Nations Educational, Scientific and Cultural Organization (Unesco), among others.
The president also took part at the Green Hydrogen Business Forum where he assured investors that Namibia would continue to provide a favourable investment climate, with processes, systems and institutions committed to effective governance.
“This platform presented an opportunity to promote Namibia as a globally competitive producer and exporter of Green Hydrogen to the European market. We extended an invitation to French enterprises in the energy sectors to invest in Namibia, highlighting political stability, good governance and the rule of law as key factors that differentiate Namibia as a preferred investment destination,” Geingob said.
The president reiterated to the world that Namibia is fully committed to the practice of enhancing energy security, while at the same time assisting regional and global peers to reduce their emissions and build a more resilient economy.
The consecutive meetings attended by several heads of states from different continents are considered one of the most important visits and work schedules of the past years in the pandemic and economic downturn.
The Namibian government, alongside the United States of America and India, further committed to putting in place a global policy framework to reduce emissions in the power, road transport, steel, hydrogen and agricultural sectors. These sectors were prioritised because collectively they contribute to more than 50% of global emissions, the president said.
As the country in Sub-Saharan Africa most vulnerable to climate change, adaptation is a priority, Geingob said. “But clearly, given our natural endowment for renewable energy, we need to do more to reduce our own emissions which are a mere 0.003 percent of global emissions. We are not the main culprits when it comes to warming the earth’s atmosphere, but we suffer the consequences, nonetheless.”
The president further stated that the country’s commitment and ambitions illustrated during the visits are matched by the highest level of political commitment domestically, while making a close reference to the development of a green and blue economy, as well as a green hydrogen industry, as a cornerstone of the second Harambee Prosperity Plan (HPP-II).
Geingob also held bilateral meetings with Prince Charles of Wales and Prince Albert of Monaco, where he re-emphasised Namibia’s commitment to accelerate efforts in favour of a safer planet for current and future generations.
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