EIF 10th Year Anniversary Publication Final
"I am proud to announce that 10 years after its establishment, the EIF is today one of the fastest growing green and climate financing institutions in Africa. "
– Pohamba Shifeta
Allow me to begin by stating that the Ministry of Environment, Forestry and Tourism (MEFT) is an important contributor to economic growth, poverty reduction and employment creation.
Our mandate is very broad, and the ministry has a major role to play in ensuring the sustainable utilisation of all of our natural resources, and the fair and equitable sharing of benefits that arise as a result.
In terms of Article95(L) of the Namibian Constitution, we are duty bound to protect our environment and all that encompasses it, but also to ensure that our local communities who are the custodians of these unique and rich endowment of natural resources continue to benefit from them.
Hence the establishment of the Environmental Investment Fund (EIF) of Namibia. The EIF was founded by the creation of the EIF Act 13 of 2001 and mandated to raise funding for investments into projects and programmes that promote sustainable development.
I am proud to announce that 10 years after its establishment, the EIF is today one of the fastestgrowing green and climate financing institutions in Africa. Also, I am confident that, through the EIF, we are on the right track towards improving the living standards of our people as a result of deliberate government interventions that put livelihoods at the centre of our development agenda and the overall attainment of the global commitment through the UN Sustainable Development Goals (SDGs).
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