Audio By Carbonatix
Ghana will require approximately $562 billion to successfully implement its national energy transition framework by 2070, according to the Ministry of Energy.
The Deputy Director for Nuclear and Alternative Energy at the Ministry, Dr. Robert Sogbadji, disclosed this while speaking on the sidelines of a stakeholder engagement on Ghana’s Energy Transition Framework held on Wednesday, May 21, in Accra.
He stated that the nation’s clean energy shift cannot be solely financed by government resources.
“We need about $562 billion to complete this energy transition by 2070. It’s not only the government that has to cough up this money. It includes the private sector, development partners, and multi-national development banks to bring in money to make sure that we transition smoothly," he revealed.
He added, "As of now, Ghana is putting all efforts into adhering to our energy transition framework."
He noted that the country currently boasts over 89% electricity access, and the government aims to extend this while ensuring that every new energy initiative aligns with sustainability goals.
Dr. Sogbadji stressed that the energy transition must be nationwide, involving active participation from regional and district-level leadership, as well as public awareness campaigns to embed sustainable practices in all development efforts.
The transition is expected to generate green jobs, improve energy security, reduce greenhouse gas emissions, and strengthen Ghana’s resilience to climate change.
According to the Energy Ministry, a variety of ongoing projects, including solar mini-grids for island communities and the development of 33 new mini-grids, are evidence of Ghana’s steady progress.
Latest Stories
-
From glut to growth – John Dumelo says value addition is the way forward
50 minutes -
Feed Ghana, feed industry – Deputy Agric Minister Dumelo outlines new direction
1 hour -
Agric glut was political, not strategic – Chamber of Agribusiness Ghana boss warns of lost livelihoods
2 hours -
Food glut situation is no victory – Chamber for Agricbusiness Ghana CEO warns
2 hours -
Was Prince Harry referencing Trump in joke for Late Show sketch?
2 hours -
Arrest over fire petition stirs public debate in Hong Kong
3 hours -
Man who killed ex-Japan PM Shinzo Abe apologises to his family
3 hours -
Police recover $19k Fabergé egg swallowed by NZ man
3 hours -
Ireland among countries boycotting Eurovision after Israel allowed to compete
3 hours -
Grand jury declines to charge Letitia James after first case dismissed
3 hours -
Tanzanian activist blocked from Instagram after mobilising election protests
3 hours -
‘Not becoming of a president’: Somali-Americans respond to Trump’s ‘garbage’ remarks
4 hours -
More than 300 flights cancelled as Indian airline IndiGo faces ‘staff shortage’
4 hours -
Top UK scientist says research visa restrictions endanger economy
4 hours -
‘I’m not afraid of death, only poverty’ – Peter Okoye
4 hours
