Namibia secures millions for climate change

08 Jun 2017 14:10pm
WINDHOEK, 08 JUN (NAMPA) – Namibia has through the Green Climate Fund and French Development Agency secured N.dollars 930.5 million for climate change related projects in the country.
Minister of Information and Communication Technology, Tjekero Tweya announced this Thursday at a media briefing on decisions taken at the eighth Cabinet meeting held recently.
He said Cabinet approved the Ministry of Environment and Tourism to be at the centre of mobilising resources for climate change adaptation and mitigation.
“Cabinet approved applicable exemption for the purpose of implementing climate related financing as per requirements of the Green Climate Fund and other climate financing institutions.”
An additional N.dollars 179.8 million was secured through the Global Environment Facility and the Adaptation Fund of the United Nations Framework Convention of Climate Change.
Cabinet also approved the appointments of Petra Obelhorster and Fernando Somaeb as new members of the Telecom Namibia Limited Board of Directors for a three-year tenure from 01 June.
(NAMPA)
ANS/LI/ND