Namibia has decided to postpone the sale of green bonds intended to finance renewable energy and hydrogen projects due to challenges related to the European Union's Global Green Bond Initiative. The initiative, aimed at assisting developing markets with bond issuances, faced delays that affected Namibia's plans. The country, known for its mineral-rich resources, is striving to position itself as a key player in green hydrogen production. This involves utilizing renewable energy sources to split water and generate hydrogen. While critics question the commercial viability of this technology, political and corporate supporters believe it could revolutionize energy supplies for sectors like shipping and heavy industry. Despite the setback, Finance Minister Iipumbu Shiimi emphasized Namibia's commitment to the partnership with the EU initiative. The Environmental Investment Fund of Namibia intends to establish a green bond office with assistance from the GGBI to facilitate future bond issuances. These green bonds are expected to be listed on local and Johannesburg stock exchanges to attract a diverse range of investors. The specific amount to be raised through these green bonds is yet to be finalized. Namibia's goal is to stay updated on sustainable finance trends to make the bonds appealing to both local and international investors. The country's determination to lead in green hydrogen production underscores its dedication to advancing environmentally friendly energy solutions amidst global energy transition initiatives.