By Staff Reporter
THE National Petroleum Corporation of Namibia(NAMCOR) is focusing on development of sythentic fuel industries within the country through green hydrogen energy as per government climate change policy and also in line with the 27th session of Conference of Parties(COP27) currently being held in Egypt.
Speaking during a handover ceremony of N$150 000 to the Ministry of Environment, Forestry and Tourism (MEFT), the NAMCOR Senior Manager for Sustainable Energies, Mr Frans Kalenga said his organisation’s
main priority is decarbonisation of key operations through green hydrogen implementation.
The amount is meant to assist MEFT after it secured an exhibition pavilion at the on going COP27 meeting being held from 6 to 18 November in the resort town of Sharm El-Sheikh.
“At NAMCOR, our key priority is to contribute to the expedited development of the synthetic fuels industry in Namibia. Particularly with a key focus on Green Hydrogen as articulated by the government of Namibia,” said Mr Kalenga at a donation ceremony recently held in Windhoek.
He went on to express NAMCOR’s eagerness to decarbonise key operations by aligning its efforts in line with Namibian contigent travelling to COP27 whose goal is reduction of carbon emissions.
Decarbonization is reduction of carbon through the conversion to an economic system that sustainably reduces and compensates the emissions of carbon dioxide.
However, the long-term goal is to create a carbon dioxide free global economy.
Speaking at the same occasion, MEFT Deputy Minister, Heather Sibungo appealed for an increase on climate financing through provision of long term climate-finance targets as well as accounting methodologies.
Some companies and organisations that pledged to assist the country’s exhibition and participation included Bank Windhoek, Standard Bank, Namibia Investment Promotion , United Nations
Development Programme, Triple Capital, Cranmore among others where more than ND$1.2 million was raised in pledges.
COP27 is an international organisation which falls under the auspices of the United Nations whose mandate mainly focuses on mitigating climate change and other related issues.
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