Posted by Alumni from WEF
June 20, 2024
The world is well aware of the climate finance gap ' the gap between the $100 billion currently annually committed by donor countries and the $2.4 trillion needed per year to fund the climate transition. In Namibia, we know that many businesses are now under increasing pressure to green their supply chains and reduce emissions across their product lines. That's why the government has established the Namibia Sustainable Supplier Database in partnership with the World Economic Forum. The database platform is a searchable online tool of Namibian businesses. Investors and global firms looking to source from Namibia can view company details as well as their engagement with five sustainable development criteria. Companies on the database indicate whether they have a corporate social responsibility (CSR) plan in place, whether they are working to reduce emissions or save energy, if any measures are taken on water saving or biodiversity conservation, compliance with Namibian labour laws and... learn more