Climate change could reduce Namibia GDP by 6 per cent: !Gawaxab

Suzith Tjitaura

2024-10-17

WINDHOEK, 15 June 2022 - BoN Governor Johannes !Gawaxab. (Photo by: Maqonda Ndlovu) NAMPA

KEETMANSHOOP, 17 OCT (NAMPA) – Bank of Namibia Governor, Johannes !Gawaxab, said that the World Bank estimates climate change could reduce Namibia’s Gross Domestic Product by up to 6.5 per cent annually if the country fails to act.

Speaking at the launch of Namibia’s first broad-based sustainability framework for the financial system on Thursday in Windhoek, !Gawaxab said climate change is already altering the structure of Namibia’s economy, wit...

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