Namibia has been ranked among the world’s top emerging hydrogen markets in the COP30 Global Climate Action Agenda Outcomes Report, which places the country within a select group of ten priority nations under the 10GW Lighthouse Initiative backed by 15 development finance institutions, including the World Bank Group.
The initiative aims to accelerate renewable hydrogen development in emerging economies and has mapped 68 hydrogen projects out of a global pipeline of 500, with most focused on decarbonising steel and fertiliser production.
Namibia appears alongside Brazil, Chile, Egypt, India, Morocco and South Africa, reinforcing its position in the global clean energy transition.
“The institutions are progressing project development studies for financial structuring and contractual arrangements. Moreover, 1 GW of early stage electrolyzer capacity has been enabled to date. Through innovative financing and strategic partnerships, we are turning ambition into action,” the report stated.
The report confirms Namibia as a beneficiary of major international financing commitments under the UNIDO–Global Environment Facility Global Clean Hydrogen Programme, with more than N$3.65 billion (US$ 213.5 million) pledged across Algeria, Ecuador, Egypt, Malaysia, Namibia, Nigeria, Pakistan, the Philippines and South Africa to support hydrogen production and uptake in high-emission industries.
Namibia also falls within a wider grouping of emerging markets identified as representing a N$34.16 trillion (US$ 2 trillion) global investment opportunity for clean industrialisation, positioning it to attract large-scale green manufacturing investment as supply chains shift towards low-carbon production.
