The Ghana Venture Capital Trust Fund (VCTF) has announced the launch of a major new business coalition aimed at planting 100,000 trees across Ghana.

In a press release on Monday, November 10, the initiative seeks to unite private sector partners to drive large-scale reforestation while creating sustainable economic opportunities for communities in forest regions, in support of President John Dramani Mahama’s Tree for Life initiative.

The coalition builds on a successful pilot project held on September 6, 2025, in which VCTF and its founding partners — Npontu Technologies, LFY Arena, and Nviron Hive — planted 1,000 trees in the Shai Hills Resource Reserve.

The pilot served as proof of concept for a corporate-led environmental movement.

“The Venture Capital Trust Fund is committed to driving sustainable development across Ghana, and this initiative represents a significant scaling of our environmental and social impact,” said Michael Abbey, CEO of VCTF.

“Planting 1,000 trees was just the beginning. By launching this 100,000-tree coalition, we are moving from a single event to a systemic movement. The private sector has a critical role to play in meeting our national climate commitments while creating tangible economic value for local communities,” he added in the press release.

He said the coalition has two main objectives: restoring degraded forest landscapes and improving local livelihoods.

They aim to plant a diverse mix of trees, including indigenous species for ecological restoration and high-value fruit and nut trees such as cashew.

These plantings, according to them, will provide sustainable income streams for forest-dependent communities and create opportunities for agribusinesses through processing, an area where VCTF aims to provide support.

“The Shai Hills planting demonstrated the power of collaboration. When innovative business leaders come together, we can take direct, meaningful action on climate change,” said Otema Yirenkyi, Co-Founder of Nviron Hive.

“This 100,000-tree pledge is a call to action for all of corporate Ghana. We are building a platform for companies to unite, pool resources, and make a measurable impact on our nation’s future,” she added.

The coalition is inviting other corporations to join the initiative, offering a proven model for integrating corporate wellness and environmental, social, and governance (ESG) objectives with tangible national development goals.