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Institutions in Ghana seek $320 million to combat climate change

By Godwill Arthur-Mensah, GNA

Accra, June 30, GNA – Mr Robert Mensah, an
Economist with the Natural Resources, Environment and Climate Change Unit of
the Ministry of Finance, has said institutions in Ghana were seeking to access
320 million dollars from the Green Climate Fund (GCF).

He said the monies from the GCF would go into
infrastructure and programmes to combat climate change and adapt to its worst
effects on communities.

He said if Ghanaian institutions secure the
funds it would ensure adequate protection of citizens’ rights, especially the
youth and women from the effects of climate change.

Mr Mensah noted that the funds would go into
building flood defences, irrigation systems, emergency shelters, re-forestation
projects and renewable energy to fight climate change.

He said this at a workshop in Accra on Friday
on Climate Finance Integrity organised by the Ghana Integrity Initiative, the
local chapter of Transparency International, an anti-corruption international
organisation.

Mr Mensah said the Ministry was facilitating
efforts of institutions to write bankable proposals adding that the difficulty
was that a lot of institutions and individuals that submitted proposals to the
Ministry failed to meet the criteria set by the funding agencies.

He said the Ministry of Environment, Science,
Technology and Innovation was putting together a strong team that would develop
projects that would meet the criteria set by funding agencies.

Mr Mensah said climate finance was monies
invested to help countries prevent climate change and adapt to its worst
effects.

The funds were pledged by rich and
carbon-emitting countries to poorer and climate-vulnerable countries to combat
climate change, he said.

Mrs Mary Addah, the Programmes Manager of the
Ghana Integrity Initiative, said as part of the negotiation leading to the
Paris Agreement, world leaders agreed to mobilise 100 billion dollars in
climate finance by 2020.

The amount, she said, if spent judiciously
would save millions of lives and ensure billions of lives were safe in the
future.

She said Transparency International had been
working on climate finance since the launch of its Global Corruption Report on
climate change in 2011.

Mrs Addah said the organisation’s
multi-country Climate Finance Integrity Programme, being implemented in more
than 12 countries and coordinated by Transparency Initiative Secretariat in
Berlin, would safeguard climate money against abuse, waste and mismanagement.

She said Transparency International was
implementing measures to ensure maximum transparency, accountability and
integrity at all levels.

In addition, it would ensure that climate
change-affected communities take ownership over deciding where climate monies
should be invested.

The workshop brought together experts and
practitioners in the environmental and natural resource sectors, heads of
department and representatives of development partners as well as civil society
organisations to discuss best practices for climate finance governance.

GNA

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