Ndove heads environmental fund

10 July 2020 | Environment

Environment minister Pohamba Shifeta appointed five members to serve as the board of directors of the Environmental Investment Fund of Namibia (EIF) for a period of three years. They are Titus Ndove (chairperson), Karen Knot (deputy chairperson), Desire Theunissen, Kisco Sinvula and Olavi Hamutumwa.
The EIF was established in 2011 to mobilise funding for the maintenance of an endowment fund to generate income for projects towards the sustainable use of managing the environment.
Shifeta said that despite a difficult economic and financial climate, the EIF was able to mobilise approximately N$560 million in grants for projects relating to climate change adaptation interventions.
Further, EIF has been instrumental in the establishment of a credit facility known as the Sustainable Utilisation of Natural Resources and Energy Financing Programme worth approximately N$800 million, supported by the French Development Agency.
The EIF also received 30% of all environmental taxes on incandescent bulbs, tyres and carbon emissions, plastic bags, lubricant oils and batteries, and to date the EIF has received N$31 million from the finance ministry. – Nampa

Similar News

 

Local musos join global wildlife campaign

1 week ago - 15 October 2020 | Environment

Namibian stars Lioness, Suzy Eises and Elemotho have teamed up with the international organisations Conservation Music and Earthsong to support the Cheetah Conservation Fund in...

We’ll be counting game

2 weeks ago - 12 October 2020 | Environment

With the support of the ministry of environment, forestry and tourism (MEFT), the Nyae Nyae Conservancy undertook its annual game count in September.This involved wildlife...

Sperrgebiet wildflower guide now available as e-book

3 weeks ago - 01 October 2020 | Environment

Windhoek • Antje BurkeThe south-west corner of Namibia not only harbours diamonds but something equally precious – the only large, continuous piece of the Succulent...

Informal residents tackle waste

1 month - 24 September 2020 | Environment

Windhoek • [email protected] an estimated 61 tonnes of human faeces plus household trash dumped in Windhoek’s informal settlement open areas every day, the community on...

Pandemic puts pressure on nature conservation

1 month - 22 September 2020 | Environment

Windhoek • Steffi BalzarThe German Organisation for International Cooperation (GIZ) granted financial support to 25 conservancies since May, as part of the project for community-based...

Hungry lions help to clean up

1 month - 21 September 2020 | Environment

More than 4 000 Hungry Lion staff members, including those in Windhoek took part in World Clean-Up Day, which was celebrated on Saturday. All over...

International accolade for EIF

1 month - 16 September 2020 | Environment

The Environmental Investment Fund of Namibia (EIF) received a certificate of merit for outstanding Sustainable Project Financing at the Karlsruhe Sustainable Finance Awards, recognising its...

Ozone for life!

1 month - 16 September 2020 | Environment

Namibia, along with the rest of the world, celebrates 35 years of the Vienna Convention and 35 years of global ozone layer protection today.In a...

Opportunities for encroacher bush

1 month - 07 September 2020 | Environment

Windhoek • Erastus Ngaruka & Arnoldt //GasebBush encroachment can be defined as dominant increase in density of woody plant species on a piece of land....

International support for San

1 month - 07 September 2020 | Environment

The impact of Covid-19 on Namibia’s economy is considerable. However, the impact on many poor rural communities, in particular communal conservancies, could be even greater...

Latest News

Hot hockey on the cards

1 day - 27 October 2020 | Sports

The Namibia National Inline Hockey (NIIHA) team trials where held last weekend and while the temperature outside was hot, the action inside was on fire!This...

Micro grant for Gobabis foundation

1 day - 27 October 2020 | Society

The Light for the Children Foundation in Gobabis received N$180 000 from the German embassy's micro project fund to implement safety measures at its school...

Aiming for top cycling honours

1 day - 27 October 2020 | Sports

The Nedbank Desert Dash is the principle for every cyclist, and this year, the Namibia Cleaning Chemical Solutions (NCCS) Cymot Pro Cycling team says the...

Purchasing property for the parents

1 day - 27 October 2020 | Life Style

It is not uncommon for those who find themselves in a better financial position than that of their parents, to purchase a property on their...

Rural residents receive food parcels

1 day - 27 October 2020 | Social Issues

The Namibia Red Cross in collaboration with the health ministry and with the assistance of NamibRE last week donated food parcels to 50 vulnerable households...

A history of violence

1 day - 27 October 2020 | Social Issues

Windhoek • Jana-Mari SmithNamibia’s grim epidemic of violence against women could be partly traced to decades of violent oppression by colonial and apartheid forces and...

Changemakers reach out

1 day - 27 October 2020 | Social Issues

In a bid to continue creating positive change in communities, volunteering employees of the Capricorn Group spent time with over 100 orphans, vulnerable children and...

Poiya Media: A success story

1 day - 27 October 2020 | Business

As Poiyah Media celebrates over 1000 days in business, it welcomed its sixth group of interns to its public relations agency.Since inception, Poiyah Media not...

New campaign ignites patriotism

1 day - 27 October 2020 | Banking

Get Local #GoBeyond – this is Bank Windhoek’s new swipe campaign that is aimed at stimulating patriotism in light of the global pandemic challenges.According to...

Load More