Audio By Carbonatix
Deputy Chief Executive Officer of the Forestry Commission, Elikem Kotoko, says strong governance systems will be critical if Ghana is to attract climate finance and sustainable investment.
Addressing participants at the Ghana-UK Business Summit in London, Mr Kotoko argued that while Ghana possesses significant natural resources and restoration opportunities, attracting investors requires more than environmental potential.
“Attracting investment requires more than natural resources. It requires strong ESG performance, credible governance systems, transparency and accountability,” he said.
According to him, investors are increasingly paying attention to how institutions manage environmental risks, social impacts and governance standards before committing capital.
He noted that the governance pillar of ESG focuses on transparency, accountability, safeguards, stakeholder participation and strong institutions that build trust and attract investment.
To strengthen investor confidence, Mr. Kotoko said Ghana has invested heavily in safeguard systems, monitoring, reporting and verification mechanisms, benefit-sharing arrangements and stakeholder engagement processes.
“The Forestry Commission has strengthened safeguard systems, monitoring, reporting and verification systems, benefit-sharing mechanisms and stakeholder engagement processes to ensure transparency and accountability,” he stated.
He warned that climate interventions often struggle to achieve lasting results when environmental, social and governance considerations are not pursued together.
“Without all three pillars working together, climate interventions often struggle to achieve lasting impact,” he said.
Mr. Kotoko added that strengthening governance structures would not only improve climate outcomes but also position Ghana as a credible destination for green investment and climate finance.
Latest Stories
-
Police restore calm at Larteh following Odwira festival disturbance
36 minutes -
‘All the camps will dissolve’ – Bawumia demands one NPP for 2028
38 minutes -
There is no time to waste – Bawumia orders NPP to begin 2028 work
46 minutes -
Sarkodie visits MobileMoney Fintech LTD
48 minutes -
John Boadu unveils new NPP strategy to win back youth and modernise party
54 minutes -
Hawa Koomson elected NPP National Women’s Organiser
57 minutes -
John Boadu begins NPP rebuild from grassroots ahead of 2028 election
58 minutes -
Titus Glover wins NPP National Organiser race on second attempt
1 hour -
Winning 2028 election won’t be easy; we must work harder – Bawumia
1 hour -
You’ll be part of 2028 campaign; there’s enough work for all of us – Bawumia to NPP aspirants
1 hour -
John Boadu moves to unite NPP after heated leadership contest
1 hour -
Today is not a day of victory but a day of responsibility and great unity – John Boadu
1 hour -
Let us choose unity over division – John Boadu to NPP
1 hour -
Our task is to build a renewed NPP – John Boadu
1 hour -
Teamwork, discipline will drive NPP’s 2028 victory – Justin Kodua after retaining General Secretary position
1 hour