Namibia and Green Procurement: A Catalyst

AUTHOR: David Jarrett and Team Editor@ RDJ Publishing and RDJ Group ChiefExecutiveOfficer

Net-zero is taken as an “imposed” activity by “others” of which the payment to rectify is paid by “us” In recent years, the concept of green procurement has gained significant traction worldwide as governments, organizations, and consumers increasingly prioritize sustainability and environmental responsibility. However, in a globally competitive world, Namibia can boost its competitive position even via competitive and directed procurement actions

Green procurement, also known as environmentally preferable purchasing (EPP) or sustainable procurement, involves a range of practices aimed at minimizing the environmental footprint of procurement activities. This includes sourcing products and services that are energyefficient, recyclable, non-toxic, and produced using sustainable methods. It also involves considering the entire lifecycle of a product, from raw material extraction to disposal, to ensure minimal environmental harm at every stage

Implementing green procurement practices offers numerous benefits to both the environment and the economy Firstly, it reduces the carbon footprint and environmental impact of procurement activities, contributing to conservation efforts and mitigating climate change. Secondly, it promotes innovation and the development of eco-friendly technologies and products, driving economic growth and competitiveness Additionally, green procurement can lead to cost savings through reduced energy consumption, waste management, and lifecycle costs.

Namibia, like many other nations, stands to gain significantly from the adoption of green procurement practices. As a country with vast natural resources and unique ecosystems, Namibia is particularly vulnerable to environmental degradation and climate change By embracing green procurement, Namibia can protect its natural heritage while fostering sustainable economic development. This can be further enhanced through investment in energy-efficient technologies and sustainable infrastructure, Namibia can enhance resource efficiency and reduce operational expenses for both public and private entities

This can be achieved in a variety of ways such as through procurement policies can incentivize the growth of local industries producing environmentally friendly goods and services. In an increasingly environmentally conscious global marketplace, adopting green procurement practices can enhance Namibia's international competitiveness. By aligning procurement policies with international sustainability standards, Namibian products can access broader markets and appeal to environmentally conscious consumers and businesses

As always, the conversation continues infocus@rdjpublishing.africa while Namibia strives to achieve its sustainable development goals, green procurement emerges as a powerful tool for realizing a prosperous and environmentally resilient future

Readings: https://www weforum org/agenda/2024/05/chinafinancing-green-transition