Namibia is seeking to mobilise about $14 billion, translating to over N$200 billion in investment by 2035 to implement its climate action commitments.
The funding is expected to support projects in renewable energy, green hydrogen, agriculture, water security and biodiversity conservation.
Environment, Forestry and Tourism Minister Indileni Daniel announced this during the official opening of the Namibia Pavilion at the COP31 climate conference in Antalya, Türkiye, today.
Daniel said Namibia's Third Nationally Determined Contribution, launched in September this year, outlines 72 measures and 216 actions across 13 sectors.
She said the plan provides an investment pathway of approximately $14 billion by 2035, aimed at translating the country's climate commitments into projects, infrastructure, jobs and communities that can withstand the effects of climate change.
"IN: Our mission and responsibility here are very clear and very firm. As a country, Namibia is a carbon sink, and we all know that. So, despite that, we are more vulnerable to climate change. Our message here, or our mission here, is to talk more about drought, to talk more about water scarcity and the livelihood of our people. And our call to the developed countries is to come on board and to also have climate justice because we don't contribute to the greenhouse gas emission so much."
The minister said Namibia's participation at COP31 is not limited to discussions but is also aimed at establishing partnerships with investors, development finance institutions, climate funds and technology providers.
Among the Namibian institutions participating is the Namibia Green Hydrogen Programme, which is presenting a portfolio of clean energy and green industrial projects at different stages of development, including opportunities ready for investment.
"This platform provides an opportunity for various stakeholders to get together to discuss climate commitments that are going to result in new ways of doing things and adopting new technologies for a cleaner world. In this regard, we have seen the developed world engaging with developing countries, where developing countries like Namibia can access financing to support some of our initiatives," said Interim Head of the Namibia Green Hydrogen Programme, Joseph Mukendwa.
The programme is also engaging potential investors and development partners on financing opportunities, supporting infrastructure and measures to ensure environmentally and socially responsible project development.