MEDIA RELEASE
FOR EMMEDIATE RELEASE
GREEN CLIMATE FUND (GCF) AD HOC MISSION TO EIF PROJECTS IN NAMIBIA
June, 26th June 2023, Windhoek
The Green Climate Fund (GCF) Secretariat is undertaking an ad hoc mission to Namibia from 26th June-6th July 2023. In terms of the Ad hoc Procedure, the overall objective of the ad hoc mission to EIF Projects in Namibia is to assess the quality of project implementation of all the EIF approved projects, extraction of lessons to govern future project implementation and provide recommendations to ensure projects results and impacts are achieved.
The secretariat will engage the EIF, government, civil society organisations, EIF projects staff and management, community based organisations, stakeholders on the implementation of all the EIF projects, undertake projects site visit and meetings with the project teams, project beneficiaries and affected people, and other relevant stakeholders, interact with beneficiaries (communities and other stakeholders) to gain first-hand insights on the experience in relation to 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 delegation will pay a courtesy visit to the Ministry of Finance and Public Enterprise and Ministry of Environment, Forestry and Tourism.
The Environment Investment Fund of Namibia ("EIF") is a direct access entity to the GCF. It was accredited to GCF in decision B.10/06, paragraph (c), in July 2015 and subsequently re-accredited in the year 2021. The EIF is accredited under projects/programme activities of Micro size (up to and including USD 10 million).
The EIF has four (4) GCF approved funded activities (FP023, FP024, SAP001 and SAP006) which are all adaptation projects in drought-stricken rural communities in Namibia. The total approved funding for EIF projects is $39.1mn (comprising $37.7mn in GCF financing and $1.4mn in co-financing). To date, $30.9 million has been disbursed of the GCF approved funding amount which represents 79% of approved GCF funds for all EIF projects under implementation. EIF's engagement with GCF also includes 5 approved readiness proposals which are also under implementation. The projects are at different stages of implementation. Although FP024 closed in November 2022, the project will be considered for the mission to review results achieved as well as for the financial close out.
The secretariat will travel to Ovitoto Communal Area: Ovitoto Conservancy SAP006 approved project: Strengthening climate change resilience and adaptation of Ovitoto communal conservancy project, FP024 field visit: Ozonahi Conservancy - Ozonahi Bush-Based Animal Feed Production Project, ||Huab Conservancy - ||Huab Conservancy Hydroponics, Sorris Sorris Conservancy - 150KW Solar Power Plant with a view to provide clean power and revenue via offtake agreement, Otjimboyo Conservancy: Otjmboyo Resilience Project field visits to SAP001 investments mainly Fransfontein Community Garden, Goat revolving scheme and Belmond rehabilitated Waterpoint and conclude the field visits with SAP006 approved grants at Omkhaibasen Farmers' Cooperative at farm Daweb-West 40km north of Usakos: Water & Solar Infrastructure Development & Restocking and Otjimbingwe Independent Development Association: Enhance 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 composed of the following members:
1. Folasade Ayonrinde, Portfolio Management Specialist DPM (PIMM-FA)
2. Ben Vickers, Sector Senior Specialist, Land-use, Forests and Ecosystem, DPM (Sector)
3. Nathaniel Pappoe, Financial Management Specialist, DSS (Finance)
The delegation will depart back to South Korea on the 6th July 2023.
Issued By:
Communications and Corporate Services
Environmental Investment Fund of Namibia (EIF)
Tel: +264 811601846 / +264614317706
Email: COMMS@EIF.ORG.NA
http://www.eif.org.na
