Bank Windhoek has set a target to disburse N$300 million in sustainable finance for the 2026–2027 fiscal year, combining depositor and other sources of funds to maximise environmental and social impact.
The Bank is promoting sustainable finance through its Green, Sustainability and Sustainability-Linked Bonds, the first of their kind in Namibia.
These instruments are aimed at mobilising private sector funding to support projects that provide environmental and social benefits, while enabling individuals, public entities and businesses to access finance for sustainable initiatives.
Managing Director James Chapman said the Bank’s focus is to fund key sectors such as renewable energy, sustainable water management, clean transportation and access to essential services.
“For the fiscal year 2026 to 2027, Bank Windhoek has set an ambitious target to disburse N$300 million in sustainable finance, blending depositor and other sources of funds to maximise environmental and societal impact. The Bank is committed to continued transparency in reporting on its progress towards this target during this period,” he said.
Between June 2024 and June 2025, Bank Windhoek invested N$112 million in projects across sectors critical to Namibia’s future.
“Totalling N$112 million, this includes economic advancement (N$39 million), sustainable use of natural resources (N$6 million), clean transportation (N$9 million), energy (N$31 million), and access to essential services (N$27 million),” Chief Treasurer Claire Hobbs said.
Two economic projects received N$39 million, supporting activities that create employment and drive community growth.
In education, four projects worth N$27 million were financed, resulting in the establishment or upgrading of four schools to improve access and infrastructure.
Nine projects in the natural resources sector were supported with N$6 million, irrigating 67.4 hectares to boost agricultural production and sustainability.
The clean transportation sector received N$9 million for 15 hybrid vehicles, helping reduce emissions.
Renewable energy saw the financing of 32 projects with a combined investment of N$31 million, adding new capacity and supporting clean energy adoption.
These investments are assessed on outcomes such as capacity installed, emissions reduced, land irrigated, education access and job creation.
Hobbs said the Bank’s strategy demonstrates its commitment to sustainable development, ensuring that Namibia’s economic growth remains environmentally responsible and socially inclusive.
