PART 1: Ghana’s Energy Transition Efforts - Fuel Switch & its Implications

Ghana, in addition to climate-related policies, strategies and plans has developed a National Energy Transition Framework (2022) subsequently leading to the development of the Ghana Energy Transition and Investment Plan (GETIP, 2023). This plan comes with some critical implications, which this paper seeks to highlight with the aim of contributing or informing the decision-making processes. Part 1 of this paper will focus on the historical data/information on Ghana’s crude oil production and usage as well as an underlining controversy. 

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Ghana’s Climate Financing Architecture: Using Domestic Resource Mobilisation as a sustainable approach

Ghana intends to mobilise nearly US$ 22.6 billion investment from both domestic and international public and private sources towards the implementation of her Nationally Determined Contributions (Gh-NDCs) commitments. US$ 6.3 billion domestically (28.3% of total investment) is to be mobilized nationally whereas the US$ 16 billion is expected from international support. However Ghana’s ability to raise the needed resources is uncertain given the fact that the country’s climate interventions are largely donor driven.

Strategic Youth Network for Development (SYND) makes recommendations on how domestic resource mobilization will be a sustainable option which is consistent with President Nana Addo's "Ghana Beyond Aid" policy target.

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