WINDHOEK, June 8 — Namibia on Thursday launched the National Bioeconomy Strategy 2024-2029, aiming to leverag its biological resources for socio-economic advancement.
Bioeconomy refers to the production, utilization, conservation, and regeneration of biological resources, including related knowledge, science, technology, and innovation, to provide sustainable solutions within and across all economic sectors and enable a transformation to a sustainable economy.
In a speech read on her behalf, Minister of Higher Education, Training and Innovation Itah Kandji-Murangi emphasized the critical role of research, science, technology and innovation in national development.
The strategy, developed in collaboration with the United Nations, the Food and Agriculture Organization (FAO), and the Bioeconomy Multisectoral working group, aims to harness the potential of biotechnology to address poverty, promote sustainable economic growth, and align with the Sustainable Development Goals.
“This marks a great milestone in Namibia’s journey toward sustainable development and economic prosperity toward Vision 2030,” said Kandji-Murangi, adding that the launch highlights Namibia’s commitment to building a sustainable economy while maximizing the potential of its bioresources.
According to Kandji-Murangi, the bioeconomy strategy is anchored in key stakeholder-identified sectors of the country that immensely contribute to economic growth, namely, health, agriculture and natural resources/environment, aligning with the Revised Science, Technology and Innovation Policy 2020.
Furthermore, the strategy emphasizes inclusivity and social equity, with initiatives designed to empower smallholder farmers, rural communities and marginalized groups.
Kandji-Murangi urged public-private partnerships and concerted efforts from all sectors to ensure successful implementation.
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