Namibia is gearing up to become a global leader in the green hydrogen and Power-to-X markets, with a strategic focus on attracting foreign investment and bolstering energy security. A recently released report highlights Namibia's commitment to using green hydrogen to significantly decarbonize its economy and create livelihood opportunities. The nation's vast wind, solar, and mineral reserves position it uniquely to leverage the global surge towards achieving net-zero emissions. The report identifies the mining sector and the fusion of energy and mining capacities as key drivers for Namibia's Green Industrialization agenda. Additionally, Namibia's blueprint for Green Industrialisation emphasizes sectors like Green Hot Briquetted Iron (HBI) Production and Critical Raw Materials (CRM) Processing as prime candidates to ignite industrial growth. The country's distinctive geological endowment and potential in green materials like lithium and rare earth elements are poised to serve the global energy transition. Namibia is urged to prioritize establishing an enabling legislative framework to unlock its green industry potential and draw inspiration from successful models like Morocco. Furthermore, the report underlines the importance of addressing challenges such as attracting a greater number of industrial projects and ensuring their progression to the Final Investment Decision stage. Namibia's focus on green iron and steel production aligns with the global trend towards decarbonization in the steel industry. The nation's competitive advantage in green iron production lies in its renewable energy potential and access to high-quality iron ore resources. The report also discusses how Namibia could benefit from the European Union's Carbon Border Adjustment Mechanism (CBAM) to compete internationally with greener products like green iron. However, the economic viability of green hydrogen-based iron production under the CBAM hinges on factors like hydrogen prices and consensus on green steel standards. Overall, Namibia's strategic positioning and commitment to green industrialization showcase a positive sentiment towards a sustainable energy transition.