The Global Energy Alliance for People and Planet (GEAPP)’s Post

The article is quite insightful as it highlights the crucial role that SMEs in Namibia can play in driving the country‘s green transition. However, for SMEs to truly seize the opportunities presented by Namibia‘s journey towards becoming a green industrialized nation, I believe some pressing challenges must be addressed first. One pressing challenge is understanding and access to Green Funding. Many small business may still be unfamiliar with what qualifies as green projects or how to align their business with sustainable practices. To mitigate this, banks like FNB, alongside the government, could develop workshops and educational campaigns focusing on green economics and specific funding criteria, making the pathway to green financing more navigable for SMEs. At the same time, they can as well introduce training programs to develop a skilled workforce knowledgeable in green technologies. This investment will ensure that SMEs are not only capable of innovating but can maintain and grow these technologies sustainably.

SMEs as catalysts for Namibia’s green industrial future By Dino Ballotti Namibia is at a critical point in its journey towards becoming a green industrialised nation. This transition presents a unique opportunity for Small and Medium-sized Enterprises (SMEs) to assume a central role. As we fully embrace renewable energy and sustainable development, SMEs are uniquely positioned to drive innovation, form strategic partnerships, and propel economic growth. https://lnkd.in/d65ky4R2 #namibia #SMEs #greenindustrialisation #economy #energy Green Hydrogen Namibia FNB Namibia

𝗚𝗚𝗦𝗖 𝗯𝗼𝗮𝗿𝗱 𝗮𝗰𝘁𝗶𝘃𝗶𝘁𝗶𝗲𝘀| 𝗚𝗚𝗦𝗖 𝗖𝗼-𝗰𝗵𝗮𝗶𝗿𝗺𝗮𝗻 𝘀𝗵𝗮𝗿𝗲𝗱 𝘃𝗮𝗹𝘂𝗮𝗯𝗹𝗲 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗶𝗻 𝗚𝗿𝗲𝗲𝗻 𝗮𝗻𝗱 𝗖𝗹𝗲𝗮𝗻 𝗘𝗻𝗲𝗿𝗴𝘆 𝗧𝗼𝘄𝗮𝗿𝗱𝘀 𝗡𝗲𝘁 𝗭𝗲𝗿𝗼 𝗙𝗼𝗿𝘂𝗺   Mr. Stuart Livesey, EuroCham Board Member and Co-Chairman of EuroCham Green Growth Sector Committee, shared valuable insights at "Green and Clean Energy Towards Net Zero Forum" organized by VnEconomy / Vietnam Economic Times. ⚡ He commended Vietnam's impressive strides in expanding renewable energy capacity, noting the country's rapid growth from 500 MW in 2017 to 21 GW in 2022. However, he emphasized the crucial need for a more predictable policy environment to attract and sustain foreign investment in the sector.     While acknowledging the government's efforts to promote sustainable energy, Mr. Livesey expressed concerns about the current regulatory landscape and uncertainties that make international enterprises hesitant to invest     Mr. Livesey urged the government to provide stronger policy, assuring investors of a stable and supportive investment climate. He highlighted the growing demand from international businesses for renewable energy sources.    👉 Read more here: https://lnkd.in/gbvkMjN8    Follow Green Growth Sector Committee to gain more experience in green transition.  #renewable_energy #sustainability #greengrowth #vietnam #GGSC 

Manage green hydrogen expectations - !Gawaxab “Namibia stands at a pivotal crossroads, balancing two major transitions: the shift toward a green economy and the anticipation of future revenue from its burgeoning oil, gas, and renewable energy sectors, including green hydrogen,” Bank of Namibia (BoN) governor Johannes !Gawaxab. Speaking at the Global African Hydrogen Summit in Windhoek, !Gawaxab said: “This balancing act requires careful management of expectations over the next 5 to 10 years.” He stressed that while the country makes this transition, a cautious and measured approach is crucial to ensure long-term prosperity. !Gawaxab invited institutional investors and international stakeholders to join Namibia on its journey toward a green economy. “Namibia’s journey toward a green economy is not just a policy decision; it is a call to action. “Together, we can harness the power of innovation and investment to create a greener, more prosperous Namibia. The world is watching, and the time to act is now,” he said. #namibia #greenhydrogen #cleanenergy #climatechange

Advancing Energy Security and Sustainability in Africa Yesterday, EV World Africa had the privilege of attending the Manufacturers Energy Security Summit at the Lagos Oriental Hotel... a dynamic gathering of innovators, thought leaders, and sustainability champions.  Key discussions revolved around carbon emission reduction, sustainability financing options, and actionable strategies for a cleaner, greener future. It was inspiring to exchange ideas with visionary companies like Huawei Digital Power, SunFi, UNIDO, Qoray Mobility, Women in Renewable Energy (WiRE), Wema Bank Plc., westa.solar, Simba Solar Nigeria, Zenith Bank Plc and many others, all united by the mission to drive Africa’s energy transformation.  As we collectively explore solutions to energy challenges, EV World Africa remains committed to accelerating the adoption of clean energy and electric mobility across the continent. Together, we are shaping a sustainable tomorrow!

How Morocco Became a Solar Energy Leader: Lessons for Africa In recent years, Morocco has emerged as a global leader in solar energy, a remarkable feat for a country that was once heavily reliant on imported fossil fuels. Morocco’s strategic investment in renewable energy is a testament to visionary leadership, public-private partnerships, and international collaboration. The country’s journey to becoming a solar powerhouse provides valuable lessons for other African nations, particularly in a continent where energy poverty remains a pressing issue. A Deep Dive into Morocco’s Vision: The Green Energy Transition In 2009, Morocco laid the foundation for its energy transition with the launch of the National Energy Strategy. The country set an ambitious target: to generate 52% of its electricity from renewable energy sources by 2030, with solar energy playing a central role. This vision was driven by a desire to reduce dependency on expensive fossil fuel imports, curb greenhouse gas emissions, and develop a sustainable energy sector that could fuel economic growth. The strategic decision to invest in solar energy was particularly apt, given Morocco’s vast desert landscape and abundant sunlight. This natural advantage, coupled with favorable government policies, created the perfect environment for solar energy to thrive. Exploring The Noor Solar Power Complex: A Marvel of Modern Engineering At the heart of Morocco’s solar revolution is the Noor Solar Power Complex, located near the town of Ouarzazate, often referred to as the "Gateway to the Sahara." Noor is one of the largest solar power facilities in the world and is seen as a symbol of Morocco's commitment to renewable energy.The project, which began in 2013, is divided into several phases: 1. Noor I, launched in 2016, generates 160 MW of power. 2. Noor II and Noor III, completed shortly after, increased the complex's capacity to over 500 MW. These plants use Concentrated Solar Power (CSP) technology, which allows energy to be stored in molten salt for use when the sun is not shining. This ability to provide electricity even after sunset is a game-changer in solar technology and sets Noor apart from other solar projects globally. Continues in the comment session 👇 #SolarForTheFuture #SustainableLiving #EnergyTransition #Cop28 #GreenTechnology

Global African Hydrogen Summit channelling capital towards critical sectors for sustainable development With more than 600 million people across Africa lacking access to electricity, the International Energy Agency (IEA) estimates that Africa will need to double its electricity generation capacity by 2040 to meet growing demand. The African continent has been identified as a prime source for renewable energy exports to regions seeking to reduce reliance on fossil fuels and meet net-zero targets. Most development banks, bilateral aid, export credit agencies, and development finance institutions have a clear mandate to facilitate the energy transition. Many of these institutions offer preferable terms to projects that help achieve net-zero targets. Additionally, numerous climate investment funds and venture capital funds are dedicated to green energy investments, including throughout the development stage. Held under the esteemed patronage of the Government of Namibia and endorsed by the Ministry of Mines & Energy of Namibia, the inaugural Global African Hydrogen Summit is scheduled to take place from 3 - 5 September 2024 in Windhoek, Namibia. https://lnkd.in/dPBCkPYa

When it comes to accelerating the #energy transition, no man is an island and partnerships are crucial 🏝️ But in #Singapore, our islands may well turn out to be a source of renewable energy. There’s a plan to study the feasibility of generating clean energy through solar panels and underwater tidal turbines at Pulau Satumu, where the historic Raffles Lighthouse is located. Through a cross-border multilateral trade deal, Singapore is also boosting its renewable energy import capacity, with supply coming from its neighbours in Southeast Asia. Meanwhile, a new S$90m programme has been launched to further national research into #hydrogen utilisation and production of greener chemicals and fuels. Swipe for highlights of Singapore’s climate actions from Q3. Read our roundup to get the full update: https://lnkd.in/gjMAmQ52

Two months ago, I had the opportunity to attend the Future of Energy Conference 2024 themed " Harnessing Africa's Rrsource Wealth: Fueling Innovation for Equitable Energy Access" at the Labadi Beach Hotel. This conference brought together people in the energy sector as well as sustainability advocates to discuss new innovations and initiatives that can be taken to provide good energy while protecting the environment. Even though I am not in the energy sector , I was interested in gaining new knowledge on how energy is created , some innovations introduced to the sector, and some dangers they face in the line of their work . I learnt that Africa's carbon dioxide emissions are 3.8% tons/capita of the world's, which is 4.9tons/capita. This means Afirca has to find ways to reduce our carbon emissions since it possesses dangers to our health and environment. Some suggested practices to transition from high emission energy generation is to 💢 Introduce the use of renewable energy sources like solar and wind to produce power. 💢 Limit the importation of fossil fuel 💢 Reduce the use of fossil fuel 💢 Be energy independent Let's all try in our own small way to protect the environment and promote the use of renewable energy sources. #sustainableenergy #cleanenergy

Renewable energy: Belgian-Namibian cooperation   ⚡ Namibia’s position on international shipping routes makes it an ideal hub for supplying ships with green fuel, and Belgium has the needed knowhow.   ⛽ Shipping group CMB.TECH, together with Ohlthaver & List group, are present, building the first green hydrogen filling station in Africa.   💧 Belgian start-up COOSHA Impact Ventures’s ambition is to have 100 000 families in Africa cooking on green hydrogen instead of polluting firewood by 2030, produced with Solhyd solar panels developed in Belgium.   🚢 Port of Antwerp-Bruges International concluded an agreement with Namibian Ports Authority - Namport to develop North Port, a new green energy port. An MOU was also signed between CMB, Cleanergy Solutions Namibia, Namport and POAB to build the first African hydrogen-powered ship!    #EmbracingOpenness #Belgium #openforpartnerships #RenewableEnergy #Sustainability #Innovation #Partnership #Solhyd #COOSHA #CMB #Hydrogen #GreenHydrogen FOD Buitenlandse Zaken, Buitenlandse Handel en Ontwikkelingssamenwerking