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Created: 2025-07-23 14:36:02 UTC
EIF gains direct access to N$370 million in global climate funding
The Environmental Investment Fund (EIF) of Namibia has been officially accredited as a National Implementing Entity (NIE) to the Adaptation Fund, enabling it to directly access up to N$370 million (US$20 million) in international climate finance.
The accreditation was confirmed by the Adaptation Fund Board’s Decision B.44-45/10. It positions EIF as a national body with the authority to design and implement projects responding to the country’s climate challenges, particularly those affecting vulnerable communities.
“This accreditation is a testament to EIF’s strong governance and commitment to impactful climate solutions,” said EIF Chief Executive Officer Benedict Libanda.
#namibia #climatefunding #climatechange #climatefinance @MinistryofEnvi2 @adaptationfund
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