President Hage Geingob says it is regrettable that only US$23 billion has been committed to the Green Climate Fund thus far, as developing countries continue to battle the effects of climate change.

Dr Geingob put forward Namibia’s position in the national statement submitted to the COP27 meeting underway in Sharm el-Sheikh, Egypt.

Namibia, President Geingob says, encourages developed countries to support developing countries by capitalizing on the Green Climate Fund.