The Environmental Investment Fund of Namibia (EIF) is a national entity and an environmental fund located in Namibia. It was established with a mandate of being a sustainable source of funding for the development and implementation of environmentally sustainable development projects and programmes in partnership with both public and private sector organizations. EIF was officially established in 2001, and began operations in 2011. The results of its activities overlap with the results areas of the GCF in the areas of natural resource management, green technology and low carbon development, nature based tourism, and capacity-building. Building on its experience, EIF sought accreditation to the GCF in order to maximize the impact of its climate change and mitigation projects and programmes it implements whilst promoting social and economic benefits.
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Accreditation timeline
Accreditation term 1
14 Jun 2016 - 13 Jun 2021
Accreditation date
07 Jul 2015
AMA execution date
27 Apr 2016
AMA effectiveness
14 Jun 2016
Term end date
13 Jun 2021
Accreditation term 2
10 May 2023 - 09 May 2028
Re-accreditation date
07 Oct 2021
AMA execution date
15 Sep 2022
AMA effectiveness
10 May 2023
Term end date
09 May 2028
Entity details
Size
Micro
Small
Medium
Large
Environmental and social risk category
Category C
Category B
Category A
Intermediation 3
Intermediation 2
Intermediation 1
Fiduciary standards
Basic
Project management
Grant award
On-lending/blending:
Loan
Equity
Guarantee
Blending
Projects
SAP006
Adaptation
Namibia
Building resilience of communities living in landscapes threatened under climate change through an ecosystems-based adaptation approach
SAP001
Adaptation
Namibia
Improving rangeland and ecosystem management practices of smallholder farmers under conditions of climate change in Sesfontein, Fransfontein, and Warmquelle areas of the Republic of Namibia
FP024
Adaptation
Namibia
Enpower to Adapt: Creating Climate-Change Resilient Livelihoods through Community-Based Natural Resource Management (CBNRM) in Namibia
FP023
Adaptation
Namibia
Climate Resilient Agriculture in three of the Vulnerable Extreme northern crop growing regions (CRAVE)
GCF-EIF agreement opens way for start of Namibian nature-based climate solution
26 Aug 2019 / The Green Climate Fund has come a step closer to helping Namibia’s Environmental Investment Fund (EIF) utilise the resilience of ecosystems to help communities withstand climate change.
GCF and EIF have signed a Funded Activity Agreement (FAA) which opens the way for the implementation of a project in Namibia which builds the resilience of communities living in landscapes threatened by climate change by using an ecosystems-based adaptation approach.
GCF funding agreement with Namibia first under new simplified approach
06 Dec 2018 / A recently signed implementation agreement opens up GCF finances to boost the climate resilience of Namibian farmers in GCF’s first project approved under its Simplified Approval Process (SAP).
Namibia commences climate projects as GCF brings country ownership to the fore
04 Sep 2017 / The two GCF-supported projects help bolster rural people’s resilience.
GCF funds transfer will help Namibia’s rural poor weather change
29 Jun 2017 / GCF is transferring funds to two projects in Namibia to enhance farmers’ resilience to extreme weather in the latest sign of the Fund’s implementation of climate finance.
GCF signs off on project to improve climate-resilient agriculture in Namibia
15 Dec 2016 / GCF resources will now start flowing to help poor farmers in northern Namibia tackle climate change following the signing today of a Funded Activity Agreement (FAA).
Workshop: GCF supporting direct access entities
03 Sep 2015 / The Green Climate Fund is convening its national and regional accredited entities for four days of training on the Fund’s environmental and social safeguards (ESS) and gender policy at GCF headquarters in Songdo.
