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Namibia Sees Green Bonds as Way to Fund Hydrogen Export Buildout

  • Discussions have started with EIB, Climate Fund Managers
  • Southern African nation wants strong off-take agreements

Namibia is considering green bonds to fund projects using renewable energy to produce hydrogen for export, according to a government official.

The southern African nation of just under 2.7 million people has outlined a significant build of facilities, largely due to ideal conditions for solar- and wind-powered energy needed to produce the fuel. A number of financing options are being considered with output set to begin within four years, James Mnyupe, the government’s green hydrogen commissioner, said in an interview at the World Economic Forum in Davos.