What is regarded to will be one of Namibia’s biggest funds, second to, if not bigger than Government Institutions Pension Fund (GIPF), was launched on Monday.

Possible types of environmental levies include carbon tax and waste management levies on plastic bags, non-recyclable cans and toxic substances, among others.

Once fully functional, the newly established Environmental Investment Fund (EIF) could generate N$300 million annually through ‘green levies’.

Read more: http://www.newera.com.na/articles/42846/MET-launches-green-fund