Ghana launches USD 550 billion Energy Transition and Investment Plan for achieving net-zero emissions, creating 400,000 jobs by 2060
NEW YORK, Sept. 22, 2023 /PRNewswire/ -- His Excellency Nana Akufo-Addo, President of the Republic of Ghana, launched the country's new Energy Transition and Investment Plan yesterday during a Global Africa Business Initiative event in New York.
- Ghana's government intends to use the plan as its main tool to engage the international community and investors for support with its energy transition.
- All measures suggested in the plan represent a USD 550 billion opportunity for the international community to invest in sustainable development in Ghana.
- The country's existing Energy Transition Framework previously set a target of net zero by 2070, but this new plan shows Ghana has increased its ambition and is targeting net zero by 2060.
- -Damilola Ogunbiyi, CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All, and Co-Chair of UN-Energy