President Netumbo Nandi-Ndaitwah has announced Namibia’s bid to host the African Regional Hub of the Green Climate Fund (GCF).
Speaking during her maiden address to the 80th Session of the United Nations General Assembly in New York, she said the hub would act as a platform to channel climate finance, strengthen resilience, and support African countries in addressing global warming.
“In this regard, I am glad to announce Namibia’s bid to host the African Regional Hub of the Green Climate Fund. Furthermore, severe droughts, floods, and other calamities brought about by climate change cannot be overemphasised,” Nandi-Ndaitwah said.
She added that the bid aligns with Namibia’s broader energy and climate agenda.
“On energy, Namibia is diversifying her energy mix, using all our natural resources. In addition, Namibia presented her Energy Compact at the Africa Energy Forum, thus enabling us to access concessional funding for national energy initiatives,” she said.
The proposed African Regional Hub would serve as a decentralised platform for the GCF, bringing decision-making, coordination, access, and oversight closer to the countries it supports.
Establishing the hub in Africa is expected to make it easier for nations on the continent to access climate finance, while also reducing delays and transaction costs.
