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The country has outlined six decarbonization techniques to be pursued to ensure a smooth transition which it expects to cover over 90% of the targeted reduction by 2060. They are:•Electrification and renewables•Carbon capture and storage•Low carbon hydrogen•Battery Electric Vehicle technologies•Clean Cooking technologies•Negative Emission solutions
The current emissions of 28 Mt CO2 is estimated to rise to over 140 Mt in 2050. The bulk of these emissions'' growth will come from the transportation sector, driven by population growth, GDP per capita growth, and vehicle emissions.Ghanaian officials expect to use the new plan to engage the international community and investors in supporting the country''s energy transition and sustainable development goals. When fully implemented, Ghanaian officials estimate that it would create almost 400,000 jobs, which will be an important aspect of the country''s industrialization drive given Ghana''s large, youthful population.
Ghana estimates that the cost of this energy transition and investment plan to be $550 billion. Ghana seeks to attract interested investors who will take advantage of the opportunities in this sector of the economy.There are a few challenges which the country must overcome to achieve this goal. For example, it will require energy officials to integrate intermittent renewable sources like solar and wind into the grid. There must be substantial upgrades to the national grid to accommodate this projected increase in renewable energy generation capacity. The greatest effort, however, will be the ability to attract the needed investment given Ghana''s current economic crisis.
•Electrification and renewables decarbonization solutions•The deployment of civil nuclear for energy purposes and supporting goods and services to this effort •Battery electric vehicles (BEV) technologies
Renewables including nuclear and expanding BEV use constitute more than seventy-five percent of Ghana’s plan to achieve net zero emissions. There is existing U.S. company interest in both sectors already, creating solid opportunities for partnerships in this sector.
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The Energy Commission was set up by an Act of Parliament, the Energy Commission Act, 1997 (Act 541) with functions relating to the regulation, management, development and utilisation of energy resources in Ghana. The Energy Commission is the technical regulator of Ghana’s electricity, natural gas and renewable energy industries,and the advisor to Government on energy matters.
P.M. B. Ministries, Accra Ghana
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To reduce the effects of climate change and commit to environmental sustainability, economic growth, and global climate goals, President Nana Addo Dankwa Akufo-Addo, has on behalf of the Ministry of Transport launched the National Electric Vehicle (EV) Policy.
In a news brief copied to the Ghana News Agency in Accra, said the launch was to transition the country to a more sustainable energy sources since the continuous use of fossil fuels was identified as a major contributor to environmental challenges, impacting the economy which could jeopardize the well-being of future generations.
It said Electric Vehicles (EVs) had emerged as a pivotal solution in the battle against transportation-related emissions and climate change.
In the statement, Mr Kwaku Ofori Asiamah, Minister for Transport said the economic viability of EVs had spurred investments in the electric mobility value chain, with the global EV inventory projected to surge from 11 million in 2020 to over 145 million by 2030.
He said numerous nations had committed to a complete shift to EVs in the coming years, this pushed for government to fast shift towards EVs globally to aligned with international efforts in moving towards the reduction in the use of fossil vehicles.
"The policy emphasized a just, equitable, and inclusive transition, ensuring that the adoption of EVs benefits all segments of society, fosters innovation, and enhances manufacturing competitiveness," he added.
He mentioned that the formulation of the EV policy involved extensive consultations with stakeholders across the 16 regions to ensure inclusivity and consider the perspectives of all industry players.
The policy aimed not only to address environmental concerns but also to contribute to socioeconomic growth by creating job opportunities for both skilled and unskilled workers.
The Minister noted that to ensure the effective implementation of the policy, there would be dedicated Unit created within the Ministry to collaborate with sector representatives and institutions to address cross-cutting issues.
The policy also emphasised manpower development, particularly for artisans and garages familiar with servicing Internal Combustion Engine (ICE) vehicles to
The success of the policy would depend on collective efforts and smart investment choices, leading the country towards a cleaner and more sustainable energy future, he said.
He called on stakeholders, businesses, civil society organisations, and the international community to come on board for the successful take-off of the policy.
The Minister reiterated the government’s commitment to sustainability and a greener future with the National Electric Vehicle Policy being a catalyst for creating new industries, experts, jobs, improving public health, and reducing emissions in the transport sector.
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