Wednesday, October 21, 2026
Subscribe
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
Home Business & Economy

Govt needs over N$112bn to address greenhouse emissions

by editor
February 17, 2023
in Business & Economy
6
A A

The Ministry of Environment, Forestry and Tourism needs about N$112.3 billion to successfully address Greenhouse emissions by 2030, its Minister Pohamba Shifeta has said.

Namibia is expected to implement the Nationally Determined Contribution (NDC) programme as per the requirement of the Paris Agreement, an international treaty on climate change.

Shifeta said it is through such a documented programme that the ministry pledged its commitment to the world towards limiting the global temperature rise to well below 1.5 degree Celsius.

“In addition, this shows how well and how we intend to increase resilience across our key economic sectors. In terms of limiting our greenhouse gas emissions, we have targeted four sectors such as, Energy, Waste, Industrial Processes and Product Use; as well as Agriculture, Forestry and other Land use,” said Shifeta.

“We aim to reduce our greenhouse gas emissions by 91% by 2030. The implementation of our NDC will cost around N$112.3 billion of which N$65.2 billion is for mitigation measures and N$47.1 billion is for adaptation targets, respectively.”

In terms of funding, Shifeta said, 90% of the required funds to implement the NDC will be sourced from multilateral and bilateral sources and only 10 % of the funding will be sourced domestically.

“In view of the above figures, the Ministry will continue to work with different development partners and multilateral funding windows such as the Adaptation Fund, Global Environmental Facility and Green Climate Fund to mobilise climate finance,” he reaffirmed.

Still on the well-being of the ecosystem and biodiversity, the Minister said a total of 1600 applications for environmental clearance were received in 2022, and over 75% environmental clearance certificates were issued, especially for activities related to hazardous substances, infrastructure development, land rezoning and mining.

On that note, he commended the swift processes that have improved over the years due to the online application system and intensification of awareness activities.

The Ministry was also able to inspect 80 sites for environmental compliance and monitoring during 2022, he said.

Shifeta noted that Illegal sand mining remains a challenge, of which he says the Ministry is working closely with Traditional Authorities and Nampol to better regulate ever-increasing sand mining activities.

“The Ministry has also developed draft regulations specific to sand mining in terms of the Environmental Management Act to improve coordination and regulation of this difficult challenge,” he reiterated.

In terms of solid waste management, the minister stated that the ministry is working with various stakeholders on waste disposal standards and guidelines.

“We are currently in consultation with the Namibia Standard Institute to adopt the South African minimum requirements for waste disposal at landfills.”

Furthermore, Shifeta said the Ministry has submitted a proposal to cabinet to ban the single use plastic carry bags in 2023 as a measure to reduce litter and environmental degradation.

author avatar
editor
See Full Bio
Previous Post

Namibia to become major player in oil and green energy industries

Next Post

Namibia to lift timber ban in community forests

Must Read

Professional woman in a red blazer and glasses sits at a panel table during a conference, with a microphone nearby and documents in front of her.
Business & Economy

Namibia, Angola push to accelerate stalled infrastructure projects

October 19, 2026
Namibia’s race to exit the FATF grey list: Progress, pressure, and the politics of global finance
Business & Economy

Transport costs push Namibia’s inflation to 5.4%, the highest in almost three years

October 14, 2026
Standard Bank posts N$556.9m six-month profit, up 10%
Business & Economy

Namibian SMEs get continental platform to showcase innovation

October 12, 2026
Aerial view of a city with a red-brick church at a roundabout center, surrounded by roads and palm trees.
Business & Economy

Namibia’s economy grows N$5.3bn to N$70.6bn in Q2

September 24, 2026
Woman in colorful traditional attire speaks at a podium with a microphone in a conference room.
Business & Economy

Namibia backs African credit rating agency, pushes climate finance reform

September 24, 2026
White van and four white cars parked in a gravel lot under a metal canopy beside a warehouse/storage building.
Business & Economy

Works Ministry targets overhaul of ageing state fleet, properties

September 22, 2026
Load More

Related News

Namibia’s fish export earnings decline as horse mackerel tops landings

Namibia’s fish export earnings decline as horse mackerel tops landings

March 20, 2025
Why investing in everyday businesses and money knowledge is the key to national transformation

Ammonia powers Namibia’s Green Hydrogen strategy and NDP6 agenda

September 3, 2025
Germany lifts entry restrictions for Namibia

Germany lifts entry restrictions for Namibia

November 2, 2021

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • e-edition
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • Namibia
  • namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • e-edition
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.