GCF on ad hoc mission to Namibia

    - 2023-06-26 12:57:00
The Green Climate Fund (GCF) Secretariat is currently on an ad hoc mission to Namibia’s Environmental Investment Fund (EIF) projects to assess the quality of implementation, extract lessons to govern future project implementation and provide recommendations to ensure project results and impacts are achieved.
During their visit, the secretariat will engage the EIF, government, civil society organisations, EIF project staff and management, community-based organisations, and stakeholders on the implementation of all the projects, undertake projects site visits and hold meetings with the project teams, project beneficiaries and affected persons.
The aim is to gain first-hand insights into the experience about engagement, capacities, access to finance and changes in community-level climate change resilience and the adaptation and resilience benefits through all the approved projects.
The EIF has four GCF-approved funded activities which are all adaptation projects in drought-stricken rural communities in Namibia. The total approved funding for EIF projects is U$39.1m (comprising U$37.7m in GCF financing and U$1.4m in co-financing).
To date, U$30.9m has been disbursed of the GCF-approved funding amount which represents 79% of approved GCF funds for all EIF projects under implementation.
Furthermore, the EIF's engagement with GCF includes five approved readiness proposals which are at various stages of implementation.
The secretariat is travelling to Ovitoto (strengthening climate change resilience and adaptation of Ovitoto communal conservancy project); the Ozonahi Conservancy (bush-based animal feed production project); Huab Conservancy (hydroponics); Sorris Sorris Conservancy (150KW solar power plant to provide clean power and revenue via off-take agreement); Otjimboyo Conservancy (investments mainly in the Fransfontein community garden, goat revolving scheme and Belmond rehabilitated water point); Omkhaibasen Farmers' Cooperative at farm Daweb-West (water and solar infrastructure development and restocking); and the Otjimbingwe Independent Development Association (enhancing horticulture produce through new climate-smart technologies to mitigate climate change effects on horticulture produce).
The mission is being undertaken by an inter-divisional team consisting of Folasade Ayonrinde (Portfolio Management Specialist DPM (PIMM-FA)); Ben Vickers (Sector Senior Specialist, Land-use, Forests and Ecosystem, DPM (Sector)); and Nathaniel Pappoe (Financial Management Specialist, DSS (Finance)).
The delegation will return to South Korea on 6 July 2023.