Namibia first to receive funding from GCF Enhanced Direct Access project
11 Jun 2019 18:00pm
WINDHOEK, 11 JUN (NAMPA) Namibia is the first recipient of funding from the Green Climate Funds Enhanced Direct Access (EDA) project, which seeks to mitigate the impact of climate change globally.
This was said by Minister of Environment and Tourism, Pohamba Shifeta, when 19 EDA grants worth N.dollars 85 million were handed over to conservancies and community forests for climate change projects here on Tuesday.
Shifeta said the projects are expected to provide year-round access to reliable and safe water supply despite climate induced shocks and stresses to over 500 people, as well as to ensure food security for more than 2 000 households.
The projects are expected to affect 15 000 direct and 61 000 indirect beneficiaries.
The entire world is following us with keen interest to learn from both our successes and mistakes. Therefore, it is important for the grantees to maintain the highest possible fiduciary, financial management and ethical standards during the implementation of these projects, he said.
He further noted that the Ministry of Environment and Tourism as the designated authority will act in the event of any inappropriate use of resources proven against any of the beneficiaries.
The beneficiaries are from the Kunene, Omusati, Zambezi and Kavango East and West Regions.
At the same occasion Environmental Investment Fund of Namibia Chief Executive Officer, Benedict Libanda said the chosen beneficiaries went through rigorous approval process.
He said another N.dollars 45 million from the Green Climate Fund will be distributed to other regions in September this year.
In total we have a guaranteed climate change investment of N.dollars 560 million over the next four years, he noted.