Ghana Dedicated To Increasing Share of Renewable Energy – President Akufo-Addo

Ghana Dedicated To Increasing Share of Renewable Energy – President Akufo-Addo

President Akufo-Addo has assured the international community that Ghana is fully committed to increasing its share of renewable energy in the energy mix.

President Akufo-Addo stated at a High-Level Event on Sustainable Energy for All organised by Bloomberg Philanthropies on the sidelines of COP27 in Sharm el-Sheikh, Egypt, that “we will continue to increase the share of renewable energy in our electricity generation mix, as well as explore the options of hydrogen gas and other clean energy sources to meet our energy needs.”

According to President Akufo-Addo, “Energy transition has become a global responsibility for us all, especially in view of the impact of climate change, and the global energy crisis brought forth by the Russian invasion of Ukraine.”

Since Ghana is a signatory to the Paris Agreement and other international conventions requiring the country to reduce its carbon dioxide emissions, he stated that it has become critical for Ghana to develop plans and strategies for the creation of a net-zero energy sector while aggressively pursuing the nation’s economic development.

He emphasized, “Our updated Nationally Determined Contributions, under the Paris Agreement, affirm the country’s resolve to address the impacts of climate change and build a resilient economy for our people.”

“Ghana’s position on energy transition is to continue the responsible exploitation of our natural resources for our development and transition at our own pace. The Government of Ghana is mindful of the actions of the developed countries in relation to energy transition, and their effect on us,” he continued.

To that end, he told the audience that it has become necessary for the Government of Ghana to create an Energy Transition Framework that will guide the country as the rest of the world moves toward net zero energy.

The President added that the Ghanaian government, mindful of the implications of such a framework and its implementation on the entire economy, directed the Committee to conduct extensive stakeholder consultations, in addition to expert input, in order to produce the National Energy Transition Framework to guide the country’s transition to a net-zero economy by 2070 in a just and equitable manner, as well as to minimise potential stranded assets and job losses in the oil and gas sector.

President Akufo-Addo also spoke at the High-Level Meeting on “Just Energy Transition,” stating that Ghana has created a National Energy Transition Framework to provide vision and guidance for Ghana’s energy transition. The President stated that in developing this framework, all existing policies and programmes aimed at achieving Ghana’s Nationally Determined Contributions were taken into account.

“The transition will mitigate 200 million tons of carbon dioxide of Green House Gas emissions, minimising energy-related indoor air pollution and associated diseases. It is estimated 48,218 premature deaths will be avoided annually due to the improvement in air quality, resulting from the impact of the transition,” he said.

Source: Energy Ghana





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