Audio By Carbonatix
The World Bank has approved $103.4 million for Ghana to reverse land degradation and strengthen integrated natural resource management in about three million hectares of degraded landscapes, working with communities of the Northern Savannah Zone and the cocoa forest landscape.
The cost of environmental degradation in Ghana due to unsustainable use of land for agriculture, forests, and mining stands at 2.8% of national Gross Domestic Product as of 2017.
If the current natural resource extraction remains unchanged, Ghana will see its natural resource base destroyed over the long term, with fewer opportunities to sustain growth and shared prosperity.
“"The project will help boost post-Covid-19 economic recovery, create jobs and secure livelihoods in some of the poorest parts of Ghana by focusing on agricultural productivity, ecosystems management and sustainable small-scale mining,” said World Bank Country Director, Pierre Laporte.
The Ghana Landscape Restoration and Small-Scale Mining project will focus on land-use planning for integrated landscape management and promote sustainable mining by helping formalize artisanal and small-scale mining. It will also support sustainable land, water, and forest management activities in the climate vulnerable target landscapes.
“The project aims to place landscapes and mining sector management on a path that would transition from degraded landscapes, poverty, and low productivity toward one of resilient landscapes that optimize the ecosystem functions for better livelihoods and more sustainable economic returns,” said World Bank Practice Manager, Environment, Natural Resources and Blue Economy, Sanjay Srivastava.
The project will also enhance women’s role in local-level forest and landscape management activities, and create better income-generating opportunities. Over 250,000 people will benefit from the project.
"This joint project aligns with the World Bank's Forest-Smart Mining Initiative and will promote forest-smart interventions in the artisanal and small-scale mining sector and strengthen regulatory compliance and sustainable mining practices," said World Bank Acting Practice Manager, Energy & Extractives Global Practice, Zubin Bamji.
The financing includes an IDA credit of $75 million and $28.4 million in grants from the Global Environmental Facility, the Extractive Global Programmatic Support, and the Global Partnership for Sustainable and Resilient Landscapes (PROGREEN) multi-donor Trust Funds.
Latest Stories
-
Legendary Yaw Sarpong’s backing vocalist Maame Tiwaa passes on
31 minutes -
Two suspects arrested in coordinated robbery attacks at Nkasiem
35 minutes -
Tiwaa of Yaw Sarpong and Asomafo dies
36 minutes -
Amedzofe Canopy Walkway temporarily closed after structural incident
39 minutes -
Dr Ibn Chambas calls for Africans to ‘defend their dignity’
59 minutes -
Let’s treat persons with disabilities right – GHS staff urged
2 hours -
Soldiers in Benin say they have seized power from President Talon
2 hours -
Lionel Messi leads Inter Miami to MLS Cup glory
2 hours -
Soldiers on Benin’s national television claim to have seized power
2 hours -
Premier Tennis Club organizes Tema Farmers’ Day Tournament
2 hours -
Liberia, South Africa ex-First Ladies attend Lordina Foundation’s 5th health screening for retired ministers
2 hours -
KGL Foundation partners Premier Tennis club to celebrate Farmers’ Day
3 hours -
Adrobaa crowned winners as Milo U13 Championship makes grand return
4 hours -
NAIMOS seizes excavators and shuts down illegal Riverbank mining in Eastern Region
5 hours -
NAIMOS dismantles illegal foreign mining network along the Bia River
5 hours
