$22.6bn required to fight climate change

Ghana will require 22.6 billion dollars to effectively execute an action plan to fight climate change

The amount to be mobilised through investments from domestic and international public and private sources to finance Ghana’s National Determined Contribution (G-NDC) under the Paris Agreement on Climate Change.

These were contained in a speech read for the sector minister, Mr. Mahama Ayariga, at the Central Regional road show on the G-NDC organised by the Environmental Protection Agency (EPA) at the Central Regional House of Chiefs in Cape Coast on Thursday.

Mr. Mahama Ayariga said government was committed to the fight against climate change and would through innovative means mobilise the required funds to implement the action plan.

He said out of the amount, 6.3 billion dollars, was expected to be mobilised from domestic sources whereas the remaining 16.3 billion dollars would be realised from international support to implement the 10-year action plan.

Attended by traditional rulers, heads of departments, agencies and ministries, district chief executives and other stakeholders, the forum, was aimed at raising awareness on the climate change agreement and solicit their views on the best way to implement it.

The Paris Agreement, a new legally-binding framework for an internationally co-ordinated effort to tackle climate change, was adopted at the 21st session of the Conference of Parties to the United Nations Framework convention on Climate change (UNFCC) and signed in April this year.

Per the agreement every country is to set out it plans dubbed the National Determined Contribution (NDC) to make inputs to the international effort of securing a sustainable future for all. Ghana’s NDC submitted to the UNFCC last year was ratified by parliament in August this year.

According to Mr. Ayariga,  Ghana’s NDC aims , among others, at pursuing coordinated  domestic policy actions  that seek to develop a policy framework  which integrates adaptations  mitigations and other climate related  actions with  broader development  policies  and planning process.

The Central Regional Minister, Kweku Ricketts-Hagan, described climate change as the most threatening environmental challenge facing the world and urged all stakeholders to put their shoulders to the wheel to safeguard humanity.

The new president of the Central Regional House of Chiefs, Obirempong Nyanful Krampa XI bemoaned the illegal mining and other human activities that are on the ascendancy in the region and contributing impact of climate change and called for enactment of laws to safeguard the environment.


From Jonathan Donkor, Cape Coast


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