Dr. Alex Ampaabeng, Deputy Finance Minister, has officially launched Ghana’s first Green Financing Taxonomy, a major initiative aimed at promoting a sustainable, climate-resilient, and inclusive economy.
Speaking at the launch, Dr. Ampaabeng emphasized the government's commitment to driving the country's green agenda through targeted investments and partnerships.
“This Green Finance Accord communicates Ghana's clear intention to transition toward a sustainable, green, and inclusive economy,” Dr. Ampaabeng stated.
“It lays out where we as a nation want to be in the global green conversation.”
He highlighted that the initiative would serve as a blueprint for directing investments into critical areas supporting Ghana's green ambitions.
“It shows us where to channel our investments—toward projects that will drive our green agenda. This is a clear path, demonstrating the government's commitment to aligning our financial ecosystem with global investment communities.”
Dr. Ampaabeng also stressed the importance of financial institutions exploring new product lines and opportunities as Ghana transitions to a greener economy.
He noted that the move would create long-term job opportunities, particularly in the area of decent, green jobs for Ghanaians.
“This green taxonomy will not only align us with the global financial system but also open doors for job creation,” he said.
“As a politician, job creation is an area I'm deeply passionate about, and I believe this initiative will lead to more decent, greener jobs for Ghanaians.”
Dr. Ampaabeng called on stakeholders to collaborate in promoting a sustainable future for the country.
“This is not just a policy document—it's a call to action. Together, we can chart a new path toward an inclusive, sustainable economy.”
The launch of the Green Financing Taxonomy marks a significant milestone in Ghana's commitment to green growth and sustainable development, positioning the country as a leader in climate-resilient investment in Africa.
Story by: Joshua Kwabena Smith
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