Close Menu

    Subscribe to Updates

    Get the latest headlines from PapaLinc about news & entertainment.

    What's Hot

    ‘I was one of your critics when you started’ – Arnold Baidoo tells Wendy Shay

    Joseph Painstil wins 2025 LA Galaxy Golden Boot award

    Aspiring NFL referee, 28, is identified as the third Disney guest to die at resort in just weeks – as his final post is revealed

    Facebook X (Twitter) Instagram
    • Lifestyle
    • Africa News
    • International
    Facebook X (Twitter) Instagram YouTube WhatsApp
    PapaLincPapaLinc
    • News
      • Africa News
      • International
    • Entertainment
      • Lifestyle
      • Movies
      • Music
    • Politics
    • Sports
    Subscribe
    PapaLincPapaLinc
    You are at:Home»Politics»Ghana’s path to a greener future: Unlocking financial opportunities in energy transition
    Politics

    Ghana’s path to a greener future: Unlocking financial opportunities in energy transition

    Papa LincBy Papa LincFebruary 18, 2025No Comments2 Mins Read0 Views
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr Email Reddit
    Ghana’s path to a greener future: Unlocking financial opportunities in energy transition
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email


     As the world pivots toward sustainability, Ghana is taking bold steps to transition to a net-zero emissions economy by 2070.

    The National Energy Tran­sition Framework is a blueprint for economic transformation. For businesses and financial stakeholders, this journey represents unparalleled oppor­tunities.

    Imagine a Ghana where elec­tricity is universal, powered by clean energy sources like solar, wind, and nuclear. Renewable energy, set to contribute 20 per cent of electricity capacity by 2070, will redefine our energy landscape. Investments in these sectors are expected to drive electricity sales to a staggering $140 billion, equivalent to 16 per cent of the nation’s Gross Domestic Product.

    For businesses, this means a thriving market for green energy technologies, from solar panels to electric vehicle (EV) charging stations.

    The transition is not with­out its challenges, especially for industries entrenched in fossil fuels. But where there’s disrup­tion, there’s also opportunity. As the world moves away from fossil fuels, Ghana’s focus on critical minerals like lithium and graphite positions it as a key player in the global green economy. Exporting these minerals and investing in battery technologies and Electric Vehicle (EV) manufacturing can create new revenue streams for businesses and the nation alike.

    For financial institutions, this is a moment to lead. The $562 billion cost of the transition calls for innovative financing solu­tions.

    Public-private partnerships, green loans, and sustainabil­ity-linked bonds can catalyse investment in renewable energy projects and infrastructure.

    Financial institutions can play a critical role by offering tailored products for businesses, adopt­ing energy-efficient technologies or venturing into clean energy markets.

    The human story is equally compelling. With over 1.4 million new jobs expected, particularly in clean energy and construction, this transition promises a brighter future for Ghana’s workforce. Improved access to electricity and clean cooking fuels will save women and children millions of hours spent gathering firewood, empowering them to pursue education and economic oppor­tunities.

    Ghana’s energy transition is a movement that blends sustain­ability with economic growth. Embracing this vision will not only allow businesses and finan­cial stakeholders to contribute to a greener future but also unlock unprecedented opportunities for growth and innovation.

    The question is not whether to act but how quickly we can move to seize these opportuni­ties, and empower Ghana’s future together.

    The writer is a Relationship Manager, Absa Bank Ghana Ltd.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Reddit WhatsApp Telegram Email
    Previous ArticleErnest Nuamah scores and assists as Olympique Lyon hammer Montpellier in France
    Next Article President of NYU college Republicans forced to resign after bizarre comments about Barron Trump
    Papa Linc

    Related Posts

    New Abirem Fire Station contains sawmill blaze at Adadekrom

    October 27, 2025

    Education Ministry clarifies mother tongue policy in basic schools

    October 27, 2025

    Guide to the Strategies Behind Big 1Win Aviator Wins

    October 27, 2025
    Ads
    Top Posts

    Here’s why Ghana Airways collapsed in 2004

    November 5, 202450 Views

    A Plus questions the hypocrisy of NPP members who remained silent about corruption for 8 years, only to speak out after losing power.

    December 26, 202447 Views

    Urgent search continues for Paul Barning after he was attacked by shark during fishing competition

    February 23, 202540 Views

    Kenyan Senator breaks silence on her alleged intimate affairs, secret child with John Agyekum Kufuor

    December 21, 202436 Views
    Don't Miss
    Entertainment October 28, 2025

    ‘I was one of your critics when you started’ – Arnold Baidoo tells Wendy Shay

    Arnold Asamoah Baidoo confessed to Wendy Shay about how he used to feel about her…

    Joseph Painstil wins 2025 LA Galaxy Golden Boot award

    Aspiring NFL referee, 28, is identified as the third Disney guest to die at resort in just weeks – as his final post is revealed

    Mohammed Sofo expresses gratitude to sacked NY Red Bulls coach Sandro Schwarz

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • WhatsApp

    Subscribe to Updates

    Get the latest headlines from PapaLinc about news & entertainment.

    Ads
    About Us
    About Us

    Your authentic source for news and entertainment.
    We're accepting new partnerships right now.

    Email Us: info@papalinc.com
    For Ads on our website and social handles.
    Email Us: ads@papalinc.com
    Contact: +1-718-924-6727

    Facebook X (Twitter) Pinterest YouTube WhatsApp
    Our Picks

    ‘I was one of your critics when you started’ – Arnold Baidoo tells Wendy Shay

    Joseph Painstil wins 2025 LA Galaxy Golden Boot award

    Aspiring NFL referee, 28, is identified as the third Disney guest to die at resort in just weeks – as his final post is revealed

    Most Popular

    April 3, 2023 – Russia-Ukraine information

    October 17, 20240 Views

    Sonnie Badu reveals what GFA should do to make Black Stars win matches

    October 17, 20240 Views

    ‘Swallow your pleasure and convey Kwesi Appiah again’

    October 17, 20240 Views
    © 2025 PapaLinc. Designed by LiveTechOn LLC.
    • News
      • Africa News
      • International
    • Entertainment
      • Lifestyle
      • Movies
      • Music
    • Politics
    • Sports

    Type above and press Enter to search. Press Esc to cancel.

    Ad Blocker Enabled!
    Ad Blocker Enabled!
    Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.