Readiness Support Programme enhances access to climate funding

Martin Endjala The Environmental Investment Fund of Namibia (EIF) recently orchestrated an inception meeting in Windhoek to discuss a programme, generously funded by the Green Climate Fund (GCF) to the sum of N$ 6.1 million (USD 326,542). The Readiness and Preparatory Support Programme is designed to bolster access to climate finance for nations, facilitating the fulfilment of their Nationally Determined Contribution ambitions. In Namibia, this objective is attainable through the reinforcement of local institutions capable of serving as Direct Access Entities for the Green Climate Fund, thereby enhancing country ownership. Subsequently, national institutions including the Agricultural Bank of Namibia (Agri-Bank),…