Ghana has joined an international alliance focused on expanding carbon markets as part of its commitment to accelerating climate action and sustainable development. The country formally declared its membership at a ceremony held at the London Stock Exchange.
The announcement was made by Yusif Sulemana, Deputy Minister for Lands and Natural Resources, who represented the Ghanaian government at the event. He emphasized the government’s dedication to the coalition’s objectives and pledged ongoing collaboration with stakeholders to advance Ghana’s carbon market initiatives.
This coalition brings together countries committed to developing carbon markets that facilitate climate financing, providing economic incentives to reduce greenhouse gas emissions. By participating in this alliance, Ghana aims to strengthen environmental protection efforts while supporting sustainable economic growth.
The Ministry of Lands and Natural Resources will play a central role in implementing the coalition’s framework within Ghana, coordinating efforts across sectors to maximize the benefits of carbon trading mechanisms. This move aligns with broader national strategies to integrate climate finance into developmental policies.