The core running costs of the NCE are currently being covered by B2Gold Namibia. This means that all contributions from other donors go directly into the grants line and into Member’s projects.
B2Gold Namibia is assisting with fund raising amongst corporates. This focuses on two aspects: (i) making direct grants to the NCE and (ii) using the NCE to select, and facilitate the development of, good environmental projects for the deployment of the environmental component of their Corporate Social Responsibility (CSR) funds.
The Green Climate Fund (GCF) is the largest environmental fund in the world. Currently in Namibia, only the Environmental Investment Fund (EIF) is accredited, and there is limited access to Namibia’s NGOs. The NCE has therefore provided some seed funding to the NNF to prepare for accreditation with the GCF, on behalf of the NCE Membership. A small amount of funding is also being made available to facilitate bringing the sector together to plan appropriate projects for submission to the GCF.