There is a need to find a balance between meeting the needs of the people and protecting the planet as the world moves towards an energy transition. 

Namibia is in the process of developing an ammonia bunkering hub and a green hydrogen-powered train to decarbonise shipping and long-haul logistics routes.

Namibia and Belgium have made history by inaugurating the first green hydrogen fuel station and production plant near Walvis Bay.

The Chief Executive Officer of the Environmental Investment Fund (EIF) says there is a need to unlock a grant investment model that can sustain environmental projects for communities beyond their funding cycle. 

Namibia is leading the way in the implementation of Green Hydrogen in the SADC region.

During the Green Hydrogen Symposium held in Windhoek, industry players emphasized that the success of Green Hydrogen demand in SADC relies on the collaboration between countries.

The European Union (EU) is ready to support the implementing agency for the agreement on critical and sustainable raw materials as well as that for Green Hydrogen.

The Government Institutions Pension Fund (GIPF) has reaffirmed its commitment to invest five billion dollars in renewable energy.

GIPF CEO and Principal Officer, David Nuyoma, made the pronouncement during the official opening of GIPF's satellite office at Mariental.

The value of Namibia's potential private investment pipeline currently stands at N$161 billion. 73% of this is said to be in renewable energy. 

Sahrawi and Namibia could cooperate in the areas of renewable energy, agriculture, and fisheries.

However, this economic potential is being hindered by the Moroccan occupation of that country.

With a host of newly discovered energy sources in Namibia, including oil, gas, and green hydrogen, the Bank of Namibia's annual symposium has dissected how to maximize economic growth from renewable and non-renewable energy sources in the country.