Project description

Namibia is seeking to engage in international carbon markets while ensuring environmental integrity, fiscal sustainability, and alignment with national climate priorities under the Paris Agreement and Article 6. A key challenge is establishing durable institutions and financing mechanisms that can support market participation over time.

Carbon Limits supported the World Bank–backed Namibia Country Climate Fund project by contributing to the design of a robust policy and funding framework for carbon markets, working closely with UNDP and the Ministry of Environment, Forestry and Tourism.

The work was applied to the proposed establishment of a national climate fund within Namibia’s Environmental Investment Fund, focused on managing administrative costs, transaction fees, and governance for carbon market activities in the energy, land use, and mitigation project pipeline.

The project strengthened decision‑making around cost recovery and institutional design, drawing on international carbon market models to enhance transparency and usability. It helped position Namibia to participate credibly in global carbon markets while safeguarding national interests.

This work is relevant for governments, development banks, and private sector actors developing Article 6 and carbon market frameworks across Africa and emerging markets.