Our business approach
The Fund’s business strategy is designed to complement Namibia’s overall development agenda, which is spearheaded by high-level sustainability goals cemented in the country’s Vision 2030, the fifth National Development Plan 2017 – 2022 (NDP5) and the Harambee Prosperity Plan (HPP).
The Fund has also been identified as a strategic delivery vehicle for Namibia’s international commitments towards various environmental conventions such as the Convention on Biodiversity (CBD), the United Nations Framework Convention on Climate Change (UNFCCC), the United Nations Convention on Combating Desertification (UNCCD) and the other relevant conventions, declarations and protocols.
The Fund’s role in all of these strategic initiatives converges on mobilizing financial resources for targeted investments in economic activities that are technologically and environmentally sound and that promote climate-resilient development pathways.
Below is a framework that illustrates our business strategy as per EIF Strategic Plan 2018 – 2022: