Green Investments in
Namibia
Benedict Libanda
Chief Executive Officer
Environmental Investment Fund of Namibia
Content
ENABLING ENVIRONMENT
A look at the legislative frameworks that
enable green financing in Namibia
GOVERNMENT POLICY
FRAMEWORK
FOR GREEN INVESTMENT
Overview of Government approach to
green financing and investment
PRIVATE SECTOR
INVESTMENT IN NAMIBIA
Overview of Private sector approach to
green financing and investment
INDUSTRY ASSOCIATIONS
Overview of associations hosting member
organizations/companies in the green
sector
Enabling Environment
Environmental
Investment Act,
2001
Vision 2030
(Chapter 5:
sustainable
Resource
Base)
The Namibian
Constitution
(Article 95)
Government policy framework for green
investments
Government policy framework for green investment
Agricultural Bank of Namibia
(AgriBank)
Livestock Loans
Farmland Purchase Loans
Bush Encroachment Loans
Aquaculture Loans
Solar Energy Loans
Green Financing Area
Total Loan Book in 2012
N$1.9 billion = USD 232 million
Investment
Government policy framework for green investment
Meat Corporation of Namibia (Meatco)
Established and regulated under the Act of
Parliament (Act 1 of 2001) with the purpose
to serve, promote and co-ordinate the
interests of livestock producers in Namibia.
Green Financing Area
Producer Return in 2012
N$ 59.2 million = USD 6.4 million
Returns
Government policy framework for green investment
Game Products Trust Fund & Environmental Investment Fund of Namibia
Established through Acts of Parliament with
the mandate to collect funds from the sale
of game products and environmental levies
collection respectively; to finance
Biodiversity Conservation and green based
enterprises
Green Financing Area
Total Investment
N$ 310 million=USD 33.7 million
Investment
Private sector investment in Namibia
Private sector investment in Namibia
Agra Namibia
A private sector cooperative organisation
that facilitate access to livestock and crop
markets as well as creating linkages to
international exports
Green Financing Area
Net Turnover in 2013
N$ 1.2 billion = USD 130 million
Return
Private sector investment in Namibia
NedBank Go Green Fund
Established by Nedbank Namibia to
enhance conservation and the protection of
important habitats and natural resources in
Namibia.
Green Financing Area
Investment
N$ 15 million =USD 1.63 million
Investment
Private sector investment in Namibia
Kongalend Namibia
Provides subsidised loans for acquiring a
variety of renewable energy technologies,
for lighting, pumping water and powering a
range of household appliances, including
solar water heaters
Green Financing Area
Net turnover
N$ 59 million =USD 6.4 million
Return
Industry Associations
Namibia Recycling Association
• Represent and promote the recycling industry
• Develop best practices for the industry
Namibia Green Building Council
• Promote sustainable building designs
• Encourage resource efficiency
Namibia Organic Association
• Promote organic agricultural development, networking and
marketing.
• Promote Namibian organic products locally and
internationally
Green Investments
Institutions
Agricultural Bank of
Namibia
Investments
N$
Returns
N$
1,9000,000
Notes
2012 loan book
Meat Company of Namibia
59,200,000
2012 income
Game Product Trust Fund
250,000,000
Accumulative
Environmental Investment
Fund of Namibia
63,000,000
Accumulative
Kongalend Namibia
59,000,000
2011-12 loan
book
Nedbank Go Green Fund
15,000,000
Accumulative
Agra Namibia
TOTAL
1,400,000.00
1.979,000,000
1,674,000.000
2012 income
Conclusion
• Green financing is a relatively new market and requires
understanding of risks and appropriate risk adjustment
measure
• Insurance products are critically important due to their
impact in creating incentives for the development of
greener business practices.
• Develop understanding of green business and reduce
policy inconsistencies that create uncertainty in the
market place.
• The Green Finance sector offers significant job potential
but is critically dependent on regulatory clarity
More Information?
info@eifnamibia.com
2nd Floor Capital Centre, Independence Avenue,
Windhoek
Namibia
www.eifnamibia.com