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Daily Briefing: Ghana Sign Agreement with Switzerland for Climate Action

The Government of Ghana and Switzerland signed a bilateral agreement which brings the cooperative approaches of the Paris Agreement to life, setting the framework conditions for the cooperation.

The first project foreseen will enable clean cooking and solar lighting and benefit up to five million Ghanaian households. The new partnership will enable the adoption of green and low carbon technology solutions across the country resulting in a plethora of social and environmental benefits.

The partnership will catalyse private sector investment into Ghana’s national energy access programme (NCEP), complementing the Nationally Determined Contributions of Ghana to the Paris Agreement. The NCEP will benefit up to five million households through technologies like improved cook stoves and solar PV installations. Ghana is also exploring further projects under the agreement.

Heading Toward Stronger Climate Action in Africa

 “We are proud to have been able to facilitate the dialogue between Switzerland and Ghana, build trust in the process on both sides and offer our technical support in the implementation. We hope this bilateral agreement will enable Ghana’s national clean energy access programme (NCEP) to fulfil its objectives by abating up to 2 million tonnes of greenhouse gas emissions, providing energy access to millions and head towards a green recovery”, Achim Steiner, UNDP Administrator said.

The agreement is the first of its kind that involves an African nation, with Peru being the first country to sign a similar agreement in late October. The statement from the President of Ghana Nana Addo Dankwa Akufo-Addo called on the private sector of both countries to see this bilateral cooperation as a step to further strengthen collaboration between Swiss and Ghanaian companies to identify commercially viable and sustainable development projects over the next decade.

The objective of Ghana’s NDC is to reduce emissions by 15 to 45 percent below business-as-usual (BAU) and strengthen climate resilience in close alignment with its development priorities. The NCEP is the core approach to achieving these targets but is conditional upon international support and requires blended financing for implementation.

Developing Inclusive Climate-Resilient Economy for Sustainable Wealth Creation in Africa

“With this Agreement Switzerland takes concrete steps for the benefit of the environment and sustainable development. Jointly, Switzerland and Ghana set a robust framework for additional investments in climate action and for the adherence to human rights. With the Agreement we signed today, we are not only combating climate change, but also strengthening social aspects in the international carbon market”, Franz Perrez, Ambassador and Head of International Affairs Division of the Federal Office for the Environment said.

This agreement will open the doors to commercial projects, empowering national businesses to drive climate action. This cooperative approach that Ghana and Switzerland are undertaking is already paving the way for other countries to explore innovative climate financing solutions, also in line with Article 6 of the Paris Agreement.

 

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