Audio By Carbonatix
Small and medium scale organisations venturing into tree plantation would soon benefit from a $7million World Bank facility.
Each organization will receive a maximum 100 thousand dollars over a period to plant more trees in degraded forest reserves during a pilot program.
Technical Director in Charge of Forestry at the Ministry of Lands and Natural Resources, Musah Abu Juam, tells JoyNews the support is to encourage more private sector participation in plantation development.
"We are moving from big companies like Form Ghana who is sufficient and can have big plantations to small and medium scale plantations," Mr. Juam said.
"The government would soon be piloting this through a $7 million grant from the World Bank to small and medium scale plantation developers; given them about $100,000 each at a time to begin to establish plantations over the period," he added.
One of the objectives of the 2012 Forest and Wildlife Policy is to promote private sector investments in the forestry sector, especially in plantation development.
Officials at the Ministry of Lands say the private sector is more efficient in the management of plantations.
But despite the potentials, the sector is faced with funding and land security issues.
The challenges are being addressed with the promulgation of the 2012 Forest and Wildlife Policy, under which more degraded forest reserves are being released by the Forestry Commission for plantations.

The Ministry supports Form Ghana, a private firm involved in plantation, to access a 10 million dollar facility from the African Development Bank.
"We hope that fund would increase and then we have more of such beautiful plantations coming from the private sector," Mr. Juam added.
Officials of the Ministry of Lands and Forestry Commission have been touring plantation sites of Samartex and Form Ghana in the Bono region over the weekend.
Form Ghana has been working in the degraded Tain II Forest at Kotaa in the Bono Region.
The firm currently employs about 500 locals to plant trees on over 12,237 hectares of land.
Speaking to JoyNews, the Managing Director of Form Ghana, William Forrie said the company is motivated by the impact it makes on the environment.
"It's a business so there is a financial motivation so that we can make money out of it but also use that to continue to grow the organization.
"Our first motivation is to have a real impact on the environment; not just locally but also globally with climate change emissions going on but in all that, it is the finance that will keep it growing."
Latest Stories
-
Works and Housing Minister pushes to cut Kaneshie road closure from one year to 6–9 months
3 minutes -
Joy FM Back-to-School Fair: Patrons to enjoy up to massive discounts from vendors
21 minutes -
Mahama gives TMA, TDC 14 days to resolve development control dispute
22 minutes -
‘We cannot arrest the entire school, but we know the ringleaders’ –– Police warns Okuapem, Mount Sinai students
30 minutes -
UN warns of ‘supersized’ El Niño as countries prepare for impact
30 minutes -
Channel smuggling gangs resort to ‘mega-dinghies’ as crackdown limits small boat supply
31 minutes -
Embattled Spanish PM Sánchez insists no prior warnings before Ceuta crisis
31 minutes -
Palestinian teens killed during settler attack on West Bank village, officials say
31 minutes -
Foreign Affairs Ministry responds to Fourth Estate attestation investigation, bars middleman from premises
32 minutes -
Zanetor Agyeman-Rawlings calls for balance between development and environment protection
35 minutes -
About 17% of 2026 BECE candidates had aggregates 6–18 – CSSPS
38 minutes -
CSSPS explains how raw scores can override aggregate in SHS placement
46 minutes -
Only 35% of 2026 BECE candidates scored aggregates 6–24 – CSSPS
52 minutes -
Only 17% of 2026 BECE candidates score aggregates 6–18 – CSSPS
52 minutes -
55,000 BECE candidates to miss SHS placement after failing English or Mathematics — CSSPS
53 minutes