Namibia weighs oil and gas revenue against green energy transition

Namibia faces a strategic dilemma regarding its energy future, balancing immediate economic needs with long-term sustainability. The country is navigating a 'decision paradox' where emerging energy economies must make significant commitments to resource development before the full scale of the opportunity or its long-term impacts are certain.

There is a growing call to pursue a dual-track energy strategy. This involves utilizing revenue from recent offshore oil and gas discoveries to address urgent domestic issues such as unemployment, infrastructure, and healthcare. Simultaneously, proponents suggest using these funds to invest in green hydrogen production, leveraging Namibia’s solar and wind resources to establish a sustainable energy sector for the future.