The Jospong Group is demonstrating how Ghana’s private sector can transition from carbon market readiness to tangible climate action, according to the General Manager of the Jospong Green Transition Office, Dr. Glenn Kwabena Gyimah.
Speaking during a World Climate Foundation panel discussion on the sidelines of the COP30 Brasil Amazonia Climate Summit in Belém on Friday, Dr. Gyimah highlighted how the company has leveraged Ghana’s Article 6 framework to drive both environmental and social impact.
“The clarity brought by Ghana’s Carbon Market Office and National Authorisation Framework transformed carbon markets from a policy discussion into a viable business opportunity,” he stated.
Dr. Gyimah outlined the JGC’s significant progress since 2024, highlighting five major implementation milestones.
“We have successfully integrated our project portfolios with Ghana’s National Carbon Registry, making our composting, landfill gas recovery, and clean cooking initiatives among the first to be officially tracked in the national system,” he said.
He emphasized that the Jospong Group’s approach goes beyond generating carbon credits.
“For us, participation in carbon markets represents a fundamental redefinition of the private sector’s role in national development,” he noted. “Every ton of carbon we mitigate must tell a social story—creating green jobs, improving agricultural yields through organic fertilisers, and enhancing urban air quality.”
Speaking on the challenges encountered, Dr. Gyimah acknowledged initial hurdles such as complex MRV protocols and high verification costs. However, he said these were addressed through continuous public–private dialogue, leading to solutions that uphold both environmental integrity and investment viability.
Dr. Gyimah also outlined four emerging models shaping Ghana’s carbon market landscape, stressing the importance of community involvement.
“Our community benefit-sharing model ensures that carbon revenue is reinvested in local development—supporting schools, clean water, and reforestation initiatives,” he explained.
He concluded with a forward-looking message:
“Our experience demonstrates that when government and business work in synchronisation, carbon markets become more than just transaction platforms—they evolve into powerful instruments for sustainable national development and green growth.”
BY TIMES REPORTER
🔗 Follow Ghanaian Times WhatsApp Channel today. https://whatsapp.com/channel/0029VbAjG7g3gvWajUAEX12Q
🌍 Trusted News. Real Stories. Anytime, Anywhere.
✅ Join our WhatsApp Channel now! https://whatsapp.com/channel/0029VbAjG7g3gvWajUAEX12Q
