Audio By Carbonatix
In a landmark development for Ghana’s environmental and socio-economic future, the country has secured a significant partnership with the private sector through a USD$ 25 billion agreement aimed at addressing climate change and promoting sustainable development.
The Ghana Green Guard Initiative, forged between the Environmental Protection Agency (EPA), the developer CarbonPura, and Private Sector Participation in Health (PSPH), will provide a series of regenerative solutions designed to secure a healthier and more sustainable future for all Ghanaians.
The initiative leverages carbon financing, and carbon, and biodiversity monetisation and aims to tackle pressing environmental challenges such as water security, restoration of polluted water sources, and environmental restoration across the country.
The Ghana Green Guard Agreement will be one of the largest and most nature-based projects globally, with plans to generate over 305 million high-quality, investment-grade carbon credits over the next 25 years, generating an estimated USD$10.4 billion in revenue.
EPA Chief Executive Officer, Prof Nana Ama Browne Klutse, in a press statement issued on Thursday, March 27, hailed the partnership as a milestone in Ghana's environmental journey, noting that the project marks the beginning of a new era for public-private engagement aimed at sustainability.
She emphasised that the initiative would not only help protect the country’s water bodies but also promote a range of socio-economic benefits, including empowering women, children, and vulnerable communities.
The project aligns with Ghana's net-zero goals and all 17 UN Sustainable Development Goals, setting the nation on a path toward a more resilient, sustainable, and inclusive future.
According to her, the "ambitious" initiative will restore over 12 million hectares of land across various regions of Ghana, focusing on reforestation, regenerative agriculture, coastal environment restoration, and the reduction of illegal mining activities.
She said key partners such as the University of Pennsylvania Museum, the Getty Research Institute, and Google Arts & Culture will collaborate to ensure the initiative's success, strengthening Ghana's position as a leader in global climate action.
The Ghana Green Guard Initiative represents a powerful blend of environmental stewardship and socio-economic development, with long-term benefits for local communities and the wider population.
Through strategic partnerships and expert governance, the project will ensure the effective use of carbon credits and drive positive change across Ghana’s landscapes and communities.
Latest Stories
-
Oti Regional House of Chiefs pays courtesy call on NPA CEO
19 minutes -
Choosing between marriage and church
23 minutes -
GTEC orders University of Ghana to comply with approved fees or face sanctions
31 minutes -
Black Star International Film Festival appoints Aba Arthur as Diaspora Ambassador
41 minutes -
Opponents dazed by our support in Northern region – Bawumia Campaign denies coersion claim
55 minutes -
US to suspend visa processing for 75 nations, State Department says
1 hour -
Prisons Service to produce sanitary pads, uniforms and furniture for schools
1 hour -
AFROSON1C X storms Accra with sold-out show
1 hour -
Ghana, Canada strengthen immigration cooperation as 2026 FIFA World Cup approaches
1 hour -
US pulling some personnel from Qatar air base, official tells CBS
1 hour -
Star Oil pays GH¢ 2.6 billion in taxes and levies for 2025
2 hours -
The Uncertainty of Precision: How VAR Mirrors the Heisenberg Uncertainty Principle in Football
2 hours -
Paradigm Initiative condemns internet shutdown ahead of Uganda elections
2 hours -
Jospong’s sustainability drive deserves more spotlight nationally and internationally – Dr Gloria Kusi
2 hours -
Black Sherif gives 2025 a perfect score: “100 out of 100”
2 hours
