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Namibia Sustainable Bioeconomy Strategy 2024-2029.

Country
Type of law
Policy
Source

Abstract
This Namibia Sustainable Bioeconomy Strategy 2024-2029 is develope by the Government of the Republic of Namibia with the assistance of the Food and Agriculture Organisation of the United Nations (FAO). It is aimed at providing a roadmap of how to utilise the finite living resources sustainably to produce products with economic potential, and to create meaningful employment that leads to alleviation of hunger and improved food security. The key focus areas identified include health, agriculture, natural resources management and cross cutting issues related to bioeconomy, while the strategic objectives focus on value-addition, research development and innovation (RDI), environmental sustainability, and overall awareness creation. The strategies proposed include: Promote and support the quality of bio-based indigenous products and services; Enhance products produced through bio-innovation from indigenous biological resources; Support the utilization of high-performing crop varieties and processing of local fresh produce; Support the development of value chains based on non-timber forest and wildlife products; Advance climate-smart agricultural practices that contribute to sustainable agrifood systems; Promote fossil-free technologies and ecosystem-based monitoring tools; Foster the sustainable use of natural resources; Strengthen research that promotes health and agricultural biosciences innovation; Strengthen research efforts to co-create products with rural communities; Promote socio-economic-driven research focusing on value addition; Create a platform to market indigenous innovations and their widespread benefits; etc.
The Strategy represents a multi-sectoral approach, emphasizing the importance of collaboration among various stakeholders. By integrating principles of sustainability into economic planning, the Strategy seeks to harness the potential of Namibia's rich biodiversity and natural resources. It encourages innovation and the adoption of new technologies to optimize production processes and create value-added products. The Strategy also highlights the importance of capacity building to support the transition towards a bioeconomy. Furthermore, the Strategy emphasizes the need for policy coherence and alignment across sectors to ensure that bioeconomy initiatives are effectively implemented. Stakeholder engagement and public awareness are also critical components, as they foster a shared understanding of the benefits and opportunities associated with a sustainable bioeconomy.
Date of text
Repealed
No
Source language

English

Legislation Amendment
No