EIF and MTC focus on environmental sustainability
The Environmental Investment Fund of Namibia hopes to harness information and communication technology to help local people make informed decisions regarding environmental issues.
21 September 2021 | Environment
The Environmental Investment Fund of Namibia (EIF) and MTC have signed an agreement to work together on programmes focusing on environmental sustainability.
EIF CEO Benedict Libanda said they envisioned that partnering with MTC would amplify their ability to improve access to environmental and climate change information.
They hope to harness information and communication technology to help local people make informed decisions regarding environmental issues.
Libanda said MTC as a technology-based company was therefore crucial in educating people how to mitigate climate change risks.
“At the EIF, we are committed to investing in innovation in order to achieve sustainable development.
“Over the past three years, we have disbursed grants valued at more than N$583 million, ensuring that more than 240 256 hectares of land are under conservation, and created more than 950 employment opportunities, mostly rural based.
“To date we have attracted and mobilised more than N$1.7 billion, mostly from multilateral and developmental funding institutions and partners for such investments,” said Libanda.
MTC’s corporate affairs executive Tim Ekandjo said the partnership was a demonstration of their commitment to doing business in a sustainable manner.
“Sustainability for us means doing business in such a way that we are able to meet the needs of our customers without compromising the ability of future generations to meet theirs. We are therefore cognisant of three key pillars, namely the economy, society and the environment,” said Ekandjo.