The Minister of State for Climate Change and Sustainability, Seidu Issifu, has disclosed that Ghana will require an estimated $22.6 billion to effectively address the country’s climate-related needs and implement sustainable environmental interventions aimed at protecting communities and strengthening climate resilience.
Speaking during the Government Accountability Series, the minister underscored the enormous financial demands associated with climate adaptation and mitigation efforts, stressing that Ghana cannot singlehandedly mobilise the resources needed to tackle the growing impact of climate change.
According to the minister, the government is therefore relying heavily on strategic international partnerships and collaborations to secure the necessary financial support to drive its climate agenda and related development programmes.
Seidu Issifu explained that his ministry is actively engaging development partners, particularly the European Union, as part of efforts to attract climate financing and support critical environmental initiatives across the country.
“We cannot do it alone. Ghana requires about $22.6 billion to take care of its climate needs. We cannot raise it by ourselves. We need strategic partners to be able to do that. And I work closely with the EU.
“These are things that we share with them. And that is how we can contribute to the basket to assist the government to raise climate funding to prosecute these development agendas.”
