COP27

New green hydrogen fund launched

New green hydrogen fund launched

Tujoromajo Kasuto The Government has launched SDG Namibia One during the ongoing United Nations Climate Change Conference, COP27, in Sharm el-Sheikh, Egypt, and secured a Grant Facility of EUR 40 million from the Dutch Prime Minister, Mark Rutte as seed capital to establish the facility. SDG Namibia One aims to develop Namibia’s green hydrogen economy by streamlining access to public, private and philanthropic capital, linking finance to policy decisions, reducing transaction costs and accelerating high-quality project development. SDG Namibia One is a blended financing platform managed in partnership between Invest International, Climate Fund Managers, and the Environmental Investment Fund of…
Read More