If Namibia wins the bid to host the Green Climate Fund (GCF) it could transform the face of Windhoek (where it will be located), says the Ministry of Environment and Tourism.

Environmental Commissioner, Teofilis Nghitila, believes the fund will bring additional economic advantages for the country as more than five hundred international professionals will be employed by the fund, thus directly impacting on the local economy.
Namibia recently showed off her capacity  to host the fund at the climate change talks held in Bonn, Germany from 14-25 April. In the contest to host the GCF are Namibia, Germany, Korea, Mexico, Poland and Switzerland.
Nghitila said more exhibitions to promote Namibia’s capability to host the GCF are planned for different national and international platforms. The final decision to select the host country for the GCF will be made during the 18th Conference of Parties to the UN Framework Convention on Climate Change (UNFCCC) to be held in Doha, Qatar at the end of this year.
In accordance with the Cancun decision reached at the 16th Conference of Parties to the UNFCCC held in Cancun, Mexico, the fund is expected to raise US$100 billion per year by 2020 to support the climate change adaptation and mitigation activities of developing countries.
Last month, the chairperson of the Africa Group of Negotiators on climate change, Emmanuel Dlamini, said the GCF was one of the key issues decided upon at the 17th Conference of Parties to the UNFCCC held in Durban, South Africa at the end of 2011. He said the Africa group supports Namibia’s bid. The deadline for submission of the bid was on 15 April this year.
Namibia’s Climate Change Chief Negotiators, Peter Muteyauli, says the money that will be put into the fund is expected to come from developed countries.