Over 30 houses belonging to Shack Dwellers Federation members in Swakopmund's Mondesa suburb have been electrified with solar energy.

The houses were electrified through the Towards an Inclusive Design Renewable Energy Transition (TIDRET) project that is being implemented by the Environmental Investment Fund (EIF).

The Environmental Investment Fund (EIF) and Erongo Red signed a memorandum of understanding for the rollout of the project.

The TIDRET solar electrification project piloted in the Erongo Region is core-funded by the GIZ and the European Union.

Namibia's revised commitment to addressing climate change through mitigation and adaptation requires about N$270 billion to be executed by 2030.

This information was disclosed during the Environmental Investment Fund stakeholders' conference held in Windhoek.

The Chief Executive Officer of the Environmental Investment Fund, Benedict Libanda, says multilateral strategic dialogue will be needed to attract such a fund to Namibia.