Ghana’s energy sector faces a financial crisis that threatens its long-term sustainability, efficiency, and ability to drive economic growth. While oil and gas thermal plants have traditionally been a cornerstone of Ghana’s electricity generation, its heavy reliance on imported fuels exposes the country to price volatility, supply chain disruptions, and mounting financial strain.
Read MoreThe recent IPCC report warns that severe climate impacts are in store if the world fails to halve greenhouse gas emissions this decade. Currently, climate change is impacting every corner of the world. Africa remains very vulnerable and exposed to these impacts despite accounting for less than 4% of global greenhouse emissions.
With Egypt set to host the next Conference of the Parties (COP 27), there are high hopes that climate issues close to the heart of African nations and other countries unduly impacted can be advanced.
Read MoreCPL Fellow Seth Owusu-Mante discusses South Africa’s Juspat Energy Transition Partnership, and how it can create a win-win outcome for the South African economy and global efforts to mitigate the dire consequences of the climate crisis.
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