President Akufo-Addo has touted actions being taken by Ghana to support global action against climate change.
He said Ghana has, historically, demonstrated commitment to contributing to find solutions to global challenges, and the climate challenge is no exception.
President Akufo-Addo speaking at the event
He pledged Ghana’s commitment to work with all stakeholders to reverse land degradation and deforestation, and halt climate change.
The President was speaking at Ghana’s Pavilion at the ongoing twenty-seventh session of the Conference of Parties (COP27) of the United Nations Framework Convention on Climate Change (UNFCCC) in Sharm El Sheikh, Egypt.
The event was organised by the Ministry of Lands and Natural Resources to present Ghana’s current actions on greenhouse gas emission reduction strategies, ambitions towards her Nationally Determined Contributions (NDCs), and opportunities for greater collaboration and impact investment.
Speaking at the event, the Minister for Lands and Natural Resources, Hon. Samuel A. Jinapor, said under President Akufo-Addo’s leadership, Ghana has reduced deforestation by thirteen percent (13%), and is on course to become the first African country, and second in the world, to meet the European Union’s (EU) requirement to trade in legal timber.
Outlining Ghana’s emission reduction strategies, President Akufo-Addo said Ghana has recorded her first emission reductions, which has been verified and validated by independent third parties, at a value of Nine Hundred and Seventy-Two Thousand, Four Hundred and Fifty-Six tonnes of carbon dioxide equivalent (972,456 tCO2e), generating a results-cased Carbon payment of Four Million, Eight Hundred and Sixty-Two Thousand, Two Hundred and Eighty United States Dollars (US$4,862,280.00).
He said the country has also been approved to receive a Three Million United States Dollars (US$3,000,000.00) grant from a new trust fund at the World Bank, known as Enhancing Access to Benefits by Lowering Emissions (EnABLE).
He said delivering climate action requires dedicated collective action. He called on all Governments and stakeholders to join forces and work together towards 1.5 degrees Celsius.
The President added that Hon. Jinapor will co-Chair a new Forest and Climate Leaders’ Partnership, aimed at bringing Governments and the private sector together to halt deforestation.
In a related story, the Minister for Lands and Natural Resources has called for collective action to deliver nature-based climate solutions.
Speaking at a Panel discussion organised by the Government of the United Kingdom, Mr. Jinapor said the effects of climate change are trans-jurisdictional, and requires multilateral action rather than working in silos.
Citing the agriculture commodity system as an example, the Minister said it was important to bring together producers and consumers to forge a pathway for sustainable production and consumption.
At a different event organised by the Government of the United States, Mr. Jinapor called on stakeholders to put farmers and fringe communities at the centre of climate engagements.
He said if farmers and members of fringe communities, are to change their ways of life to protect forests, they must see real benefit accruing to them.
He said if cocoa farmers, for example, are left at the bottom of the cocoa value chain with no real benefits, it will be difficult to convince them to adopt sustainable agricultural practices.
Mr. Jinapor called on all Governments and the private sector to deliver on their promises, particularly on climate financing.
This year’s Conference of Parties (COP) is termed an implementing COP, as it calls on global leaders to take action on their promises.
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