STAFF WRITER
Bank Windhoek has set aside about N$300 million to finance Green, Sustainability, and Sustainability-Linked Bonds for the year 2026.
The Bank said in a statement on Tuesday that the financial instruments are designed to mobilise private sector funding to support projects that offer environmental and social benefits.
Bank Windhoek’s Managing Director, James Chapman said the bank is prioritising funding key sectors such as renewable energy, sustainable water management, clean transportation, and access to essential services.
“For the fiscal year 2026 to 2027, Bank Windhoek has set an ambitious target to disburse N$300 million in sustainable finance, blending depositors and other sources of funds to maximise environmental and societal impact. The Bank is committed to continued transparency in reporting on its progress towards this target during this period,” said Chapman.
Bank Windhoek’s Chief Treasurer, Claire Hobbs, said that Between June 2024 and June 2025, they extended support to various industries critical to Namibia’s future.
“Totalling N$112 million, this includes economic advancement (N$39 million), sustainable use of natural resources (N$6 million), clean transportation (N$9 million), energy (N$31 million), and access to essential services (N$27 million), ” said Hobbs.
The initiatives enhance renewable energy, clean transportation, natural resource management, education, and socio-economic advancement, the bank said.
Bank Windhoek said the impact of the projects is measured in terms of capacity installed, emissions reduced, land irrigated, educational access, and employment opportunities created.
The bank’s financing saw two significant projects receive an investment of N$39 million while four education projects were financed with N$27 million.
Additionally, nine projects received a total investment of N$6 million, irrigating 67.4 hectares.
The clean transportation sector received an investment of N$9 million in 15 hybrid vehicles and the renewable energy sector includes 32 projects financed with a total investment of N$31 million.
Hobbs said that these strategic investments highlight Bank Windhoek’s commitment and efforts to sustainable development.
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