Namibia secures $544 million in climate finance at COP27

  • 📰 ReutersScience
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

Namibia said at the COP27 summit on Tuesday that it had secured over 540 million euros ($544 million) in climate finance from the Dutch government and European Investment Bank.

Namibia's President Hage Geingob addresses the 77th Session of the United Nations General Assembly at U.N. Headquarters in New York City, U.S., September 21, 2022. REUTERS/Brendan McDermidon Tuesday that it had secured over 540 million euros in climate finance from the Dutch government and European Investment Bank.

The Dutch grant is from infrastructure funding vehicle Invest International, while the facility from the European Investment Bank is to build green hydrogen and renewable energy projects in Namibia.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Bye bye beautiful Namibia, another one bites the dust😥

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 559. in BUSİNESS

Business Business Latest News, Business Business Headlines