By: Justicia Shipena
The Environmental Investment Fund of Namibia (EIF) and Namibia Special Risks Insurance Association Limited (NASRIA) formalised their partnership through a Memorandum of Cooperation (MOC).
This collaborative effort is poised to drive the development and accessibility of insurance products tailored to address the challenges posed by climate change.
The signing of the agreement in Windhoek on Friday solidified the commitment of EIF and NASRIA to joint initiatives aimed at confronting the impacts of climate change.
Central to this partnership is the establishment of a robust funding framework, pivotal in formalising a comprehensive structure for collaborative involvement.
NASRIA, in particular, aims to leverage this framework to secure vital funding for climate change-related insurance products, underscoring its unwavering dedication to enhancing climate resilience.
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