Namibia gets US$21 million grant for climate change adaptation

The Green Climate Fund as the financial mechanism under the UNFCCC and in the Paris Agreement, approved two projects valued at approximately 21.4 million U.S. dollars for climate change adaptation for Namibia.

0
climate change
Climate change

In an announcement on Tuesday, the Environmental Investment Fund of Namibia (EIF) said that the projects will be implemented over a period of five years.

EIF said the Green Climate Fund at its 14th meeting of the Board, held from Oct. 12 to 13 approved two proposals from Namibia to address climate change.

EIF said that one of the projects is centred around climate-smart agriculture and resilience for the north-eastern regions. The project is valued at approximately 10.1 million U.S. dollars.

Meanwhile the second is a grants-facility for Community based Natural Resource Management. The project is valued at approximately 10.7 million U.S. dollars. Enditem

Source: Xinhua/NewsGhana.com.gh

Send your news stories to [email protected] Follow News Ghana on Google News

LEAVE A REPLY

Please enter your comment!
Please enter your name here