Petroleum In The Age Of ESG

Internationally the sentiment is to move away from fossil fuel, given that globally we teeter on the tipping point and are likely to exceed the temperature increase limits which science have set and which are represented by the Paris Agreement. Namibia is a signatory to the Paris Agreement, having committed to reduce its business as usual GHG emissions as a country by 91% by 2030. One of the pillars of the Namibian strategy to achieve this goal is to follow a national sustainable energy strategy which looks to introduce new emissions-reducing technologies and energy efficient practices. However, at the same time Namibia is committed to its long-term development vision set out in Vision 2030 which strives to achieve a prosperous and industrialised Namibia.