Tag: climate

  • Ghana, other countries to receive US$300bn annual support to implement climate actions

    Ghana, other countries to receive US$300bn annual support to implement climate actions

    A financial package totaling US$300 billion per year for the next decade has been allocated to developing countries, including Ghana, to help implement climate actions and strengthen resilience against the effects of climate change.

    While this package is three times larger than the previous pledge of US$100 billion, it falls short of the US$1.3 trillion that developing countries had initially requested.

    COP29 President Mukhtar Babayev announced the agreement at the closing plenary on Sunday, 24th November 2024, in Baku, stating that the deal resulted from months of intricate, complex, and often controversial negotiations.

    The central theme of COP29 focused on climate finance, with nearly 200 countries gathering in Baku, Azerbaijan, to finalize a landmark agreement.

    Formally named the New Collective Quantified Goal on Climate Finance (NCQG), the agreement was reached after two weeks of intense negotiations and years of preparatory work, with all nations needing to unanimously approve every detail.

    Babayev emphasized that this agreement, along with other key decisions, represents a crucial step toward creating a path that will help reduce global temperatures to 1.5 degrees.

    “When the world came to Baku, people doubted that Azerbaijan could deliver. They doubted that everyone could agree. They were wrong on both counts. With this breakthrough, the Baku Finance Goal will turn billions into trillions over the next decade. We have secured a trebling of the core climate finance target for developing countries each year.”

    “The Baku Finance Goal represents the best possible deal we could reach, and we have pushed the donor countries as far as possible…The science shows that the challenges will only grow. Our ability to work together will be tested. The Baku breakthrough will help us weather the coming storms.”

    Mr Simon Stiell, the Executive Secretary of UN Climate Change, described the new finance goal as an insurance policy for humanity amid worsening climate impacts hitting every country. 

    “But like any insurance policy, it only works if premiums are paid in full and on time. Promises must be kept to protect billions of lives,” he said.

     The deal, he noted, would keep the clean energy boom growing, helping all countries to share in its huge benefits – more jobs, stronger growth, cheaper and cleaner energy for all. 

    “So this is no time for victory laps; we need to set our sights and redouble our efforts on the road to Belém. Even so, we’ve shown the UN Paris Agreement is delivering, but governments still need to pick up the pace,” he said.

    Dr. Antwi-Boasiako Amoah, a prominent member of the Africa Group of Negotiators, expressed that while developing countries were deeply disappointed, they ultimately accepted the outcome.

    He explained that the G77, a coalition representing developing countries in the United Nations, had advocated for a financial package of US$500 billion, but the developed nations deemed it unfeasible.

    The new financial package is expected to be sourced from government grants and the private sector, including banks and businesses, to help countries transition from fossil fuel-based energy to renewable sources.

    COP29 also achieved an agreement on carbon markets, a milestone that several previous COPs had been unable to reach. These agreements will enable countries to accelerate the implementation of their climate plans and make faster progress toward reducing global emissions, as required by scientific guidelines.

    In Baku, decisions were also made regarding the least developed countries (LDCs), including the creation of a support program to aid in the implementation of National Adaptation Plans (NAPs). Extensive discussions took place on the second five-year assessment of NAPs, with plans to continue these discussions in June 2025.

  • We’re positioning Ghana as a model of climate-smart agriculture in Africa – Akufo-Addo

    We’re positioning Ghana as a model of climate-smart agriculture in Africa – Akufo-Addo

    President Akufo-Addo has affirmed Ghana’s commitment to leading the way in climate-smart agriculture on the African continent during the 40th National Farmers’ Day celebration on November 8.

    Under the theme “Building Climate-Resilient Agriculture for Sustainable Food Security,” Akufo-Addo outlined measures to address the urgent threats that climate change poses to Ghana’s food security, emphasizing that the government is actively building resilience within the agricultural sector to ensure sustainability and productivity in the face of erratic weather patterns.

    “Climate change is no longer a distant threat; it is a pressing reality that our farmers confront every day,” Akufo-Addo stated, emphasizing the importance of equipping farmers with innovative tools and resources.

    Key initiatives include the Programme for Planting for Food and Jobs (PFJ 2.0), solar-powered boreholes to support irrigation, and the Ghana Agriculture and Agribusiness Platform (GhAAP) for real-time data access.

    “By investing in water management, soil health, climate-resilient crops, and infrastructure, we are positioning Ghana as a model of climate-smart agriculture on the continent,” he declared, reaffirming the government’s vision for a thriving and sustainable agricultural sector that secures livelihoods and food supply for generations to come.

    Agroforestry and reforestation efforts form part of Ghana’s broader climate-resilience strategy. Agroforestry, which integrates trees into farming landscapes, reduces soil erosion, improves soil fertility, and provides shade for crops. The Planting for Exports and Rural Development (PERD) module under PFJ 1.0 has supported the planting of tree crops such as cashew, rubber, and oil palm, contributing to both the economy and environmental stability.

  • Ghanaians opting for charcoal as LPG prices soar, threatening climate goals

    Ghanaians opting for charcoal as LPG prices soar, threatening climate goals

    Many households are turning to charcoal as a more affordable cooking alternative as liquefied petroleum gas (LPG) prices continue to soar in the country.

    LPG prices have been gradually increasing in recent months, affecting various cylinder sizes. A 6 kg cylinder that was previously sold for GHC 60 now costs over GHC 100, while the 15 kg cylinder has risen from GHC 200 to more than GHC 245.

    In a hotline documentary dubbed “Gas to Charcoal” by JoyNews, residents of Dromankese in the Nkronza North District indicate that it is more economically beneficial to use charcoal than LPG.

    Evans Ohenegyan, presiding member of the district, in his analysis, notes that GHC 50 worth of charcoal could last for a month, whereas spending GHC 220 to purchase LPG lasts a month as well. “The LPG I use, anytime I go and fill, I spend GHC 220 before I am able to fill it. But the charcoal, right now, is GHC 50 here. I can use it for three weeks or sometimes one month. So you compare the two, and you will see that the gas is very expensive.”

    The spokesperson for the drivers’ association within the charcoal distribution chain, Kamal, said, “We need Ghana to boost the charcoal business. If they collapse this business, we would die of hunger. They purchase the charcoal.”

    The same can be said for food vendors in Tamale, who are alternating between charcoal and gas usage to cut down on costs, as charcoal is more affordable. “Every day, it (LPG) is increasing. When we bought GHC 200 last year, we could use it for one week, but currently, you can fill it for GHC 300, and in three days, it will get finished. So that forces us to use firewood and charcoal,” a vendor said.

    It is believed that the price of LPG is skyrocketing due to a fall in the supply of the product. However, the National Petroleum Authority (NPA) has issued assurances that there is adequate LPG available to meet national demand.

    In recent weeks, the Western and parts of the Central Region have experienced disruptions in LPG supply due to a power challenge at the Ghana National Gas Processing Plant in Atuabo. This issue impacted the processing of natural gas, which is the primary source of LPG in the country. Consequently, the NPA directed LPG Marketing Companies (LPGMCs) to source LPG from Tema to serve their retail outlets in these affected areas.

    As of October 9, 2024, the NPA confirmed that the opening stock of LPG was sufficient to last nearly two weeks of national consumption. Additionally, the Sentuo Oil Refinery has been consistently producing LPG to support the market’s daily needs.

    Ghana is set to receive more than 20,000 metric tonnes of liquefied petroleum gas (LPG) between October 21 and 27.

    This shift from LPG to charcoal poses significant challenges to the country’s climate goals, as the increased reliance on charcoal exacerbates deforestation and greenhouse gas emissions. Burning charcoal and firewood releases significant amounts of carbon dioxide and other greenhouse gases, contributing to climate change. Inhaling smoke from burning charcoal and firewood can cause respiratory diseases, including asthma, bronchitis, and other chronic obstructive pulmonary diseases (COPD).

    The Centre for Environmental Management and Sustainable Energy (CEMSE) has sounded the alarm over a recent surge in liquefied petroleum gas (LPG) prices, warning it could undermine progress in adopting cleaner energy within the transport sector.

    Ghana is actively pursuing a transition from fossil fuels to clean, renewable energy sources. The country is already engaged in significant initiatives aimed at achieving this transition, which includes a target of integrating 10% of renewable energy into its energy mix by 2030 and the development of an energy transition framework.

    The government has supported the distribution of over 1.5 million improved biomass cookstoves since 2021 and is currently supporting the distribution of another 500,000 biomass-improved cookstoves.

    Parliament in September approved a $250 million loan agreement to fund Ghana’s Energy Sector Recovery Programme (ESRP). The loan, secured from the International Development Association of the World Bank Group, aims to reduce electricity purchase costs, boost revenue collection for distribution utilities, and enhance the Electricity Company of Ghana (ECG)’s financial management.

    It will also support the National Liquefied Petroleum Gas Promotion Programme (LPGPP), which aims to achieve a 50% LPG access goal by 2030. The agreement, initially rejected on July 30 due to concerns that $90 million was allocated for consultancy, was revisited after further scrutiny. Speaker of Parliament Alban Sumana Kingsford Bagbin referred the matter to the Finance Committee for additional review.

    In African countries such as Mozambique, Uganda, Mali, Zambia and Congo DRC, charcoal usage is more common than gas.
    The United Nations under its Sustainable Development Goal 7 seeks to ensure that by 2030, there is universal access to affordable, reliable and modern energy services.

  • Akufo-Addo assures South African investors of Ghana’s safe, secure climate for legitimate businesses

    Akufo-Addo assures South African investors of Ghana’s safe, secure climate for legitimate businesses

    President Nana Addo Dankwa Akufo-Addo has praised the increasing influence of South African businesses in Ghana within the framework of the African Continental Free Trade Area, amid calls for heightened investment in Ghana.

    With Ghana’s exports to South Africa soaring to a record US$546 million worth of products, compared to imports from South Africa totaling around US$413 million, President Akufo-Addo’s initiatives have yielded significant dividends for trade relations between the two countries.

    The Akufo-Addo administration’s efforts towards this upward trend received a significant boost with the state visit of President Cyril Matamela Ramaphosa to Ghana in December 2021. During this visit, both countries decided to elevate their bilateral relations from the Permanent Joint Commission for Cooperation (PJCC) to the Bi-National Commission (BNC).

    Speaking at the closing ceremony of the Ghana-South Africa Business Forum on Tuesday, March 12, 2024, in Johannesburg, South Africa, President Akufo-Addo highlighted the establishment of a Joint Trade and Investment Commission (JTIC) as part of the Bi-National Commission.

    This commission aims to implement the Memorandum of Understanding (MoU) on Economic and Technical Cooperation, among other key initiatives, to enhance economic and trade relations between Ghana and South Africa.

    Expressing satisfaction with the fruitful connections, partnerships, and achievements resulting from the forum, President Akufo-Addo commended government officials, experts, and industry leaders from both countries for their dedication to ensuring a successful business gathering.

    He described the timing of the event as opportune, especially coinciding with South Africa’s official launch of preferential trading under the AfCFTA agreement, which he believes will further strengthen economic ties between the two nations.

    “is expected to lead to diversification of exports, increased productivity and capacity, acceleration of economic growth, investments, the creation of employment opportunities, and, most importantly, broaden economic inclusion in South Africa and the rest of the continent.”

    “Today, it is safe to say that the AfCFTA framework has provided a unique advantage for intra-African trade and Ghana is at the forefront of implementing this agreement,” he added.

    He noted that, with Ghana trading amongst a number of African countries, including South Africa, Kenya, Tanzania and Cameroon under the AfCFTA Guided Trade Initiative (GTI), which was launched in 2022 to pilot the implementation of the AfCFTA agreement, he said, “the Initiative, which allows commercially meaningful trading, and tests the operational, institutional, legal and trade policy environment under the AfCFTA, has thrown more light on how to create an enabling environment for the private sector to thrive and foster economic relations among Africa countries.”

    “I am confident that Africa would be able, finally, to take a front row seat in the global market with the full commitment of Member States towards the implementation of the AfCFTA,” he urged.

    On Ghana’s enviable business climate, he told that gathering that, “Ghana is a haven of peace, security and stability, indeed, the safest country in West Africa. Legitimate investments are protected. We are a country where the principles of democratic accountability and respect for the rule of law, individual liberties and human rights are now firmly entrenched in our body politic, and where the separation of powers is real in promoting accountable governance under the rule of law.

    Based on the firm conviction of his New Patriotic Party government on the crucial role of the private sector in the development of our national economy, he pointed out that, “government’s ongoing digitalization drive is formalising the Ghanaian economy, reducing the cost of doing business, and facilitating interactions between businesses.”

    He said, “it has enabled Ghana streamline the processes and procedures of many service providers, including e-business registration systems at the Registrar General’s Department, paperless port clearance system at our ports, the implementation of mobile money interoperability to provide wider access to financial services electronically, a digital addressing system with unique addresses for all properties in Ghana, and now a performance tracker that allows citizens track the progress of projects or initiatives undertaken by Government.”

    “The implementation of Government’s flagship programmes, such as the Programme for Planting for Food and Jobs; “One District, One Factory” initiative; the Planting for Food and Export Programme; the Port Modernisation Programme; the Industrial Transformation Agenda; the nascent Automotive Development Sector; the development of an Integrated Bauxite Aluminum Industry; the development of an Integrated Iron and Steel Industry; the Ada Songhor Salt Development Project; and the new Integrated Trade Facilitation and Customs Management System (ICUMS/UNIPASS) are all interventions designed to transform the Ghanaian economy, and help position Ghana as the manufacturing hub of West Africa,” he added.

    He also welcomed South African investments and participation in undertaking many infrastructural projects, such as the Keta Port Project, aimed at decongesting the Tema and Takoradi Ports.

    Reminding them of the fiscal incentives in Ghana for investors, he said, “not only is Ghana the best place for doing business in West Africa, but she is also the preferred destination for a perfect blend of mineral resource potential, stable regulatory environment, favourable fiscal regime, and socially responsive mining in Africa” and urged the private sector in South Africa to take advantage of the business-friendly climate in the country to invest in Ghana.

  • February breaks climate records as warmest month on record – EU’s climate service

    February breaks climate records as warmest month on record – EU’s climate service

    The EU’s climate service, has it that last month marked the warmest February on record in modern times, continuing a streak of nine consecutive months setting new temperature highs. Since June 2023, each month has surpassed previous records for the respective time of year.

    Notably, global sea surface temperatures have reached unprecedented levels, while Antarctic sea-ice extent has once again plummeted to exceptionally low levels.

    While the ongoing El Niño weather phenomenon in the Pacific Ocean continues to contribute to elevated temperatures, it is clear that human-induced climate change remains the primary driver of this sustained warmth.

    “Heat-trapping greenhouse gases are unequivocally the main culprit,” stresses Prof Celeste Saulo, Secretary General of the World Meteorological Organization.

    Carbon dioxide concentrations have reached their highest levels in at least two million years, as reported by the UN’s climate body, and experienced near-record increases over the past year.

    The accumulation of these warming gases contributed to February 2024 being approximately 1.77°C warmer than “pre-industrial” times, defined as the period before significant human activity led to extensive burning of fossil fuels, according to the EU’s Copernicus Climate Change Service. This surpasses the previous record set in 2016 by approximately 0.12°C.

    The elevated temperatures led to severe heatwaves affecting regions including western Australia, southeast Asia, southern Africa, and South America.

    Bar chart of global average February temperatures against pre-industrial levels, 1940 to 2024. February 2024 is the hottest on record at 1.77C above pre-industrial, and their has been an increasing trend over time.


    The current 12-month average temperature stands at 1.56°C above pre-industrial levels, following the confirmation of the first year-long breach of 1.5°C warming last month.

    In the 2015 Paris Agreement, nearly 200 countries committed to limiting the increase in global warming to below 1.5°C to mitigate the most severe climate impacts.

    While this threshold in the Paris agreement is typically understood as a 20-year average and has not yet been exceeded, the consistent succession of record-breaking temperatures highlights the imminent proximity to reaching this critical mark.

    Recent records haven’t just been limited to air temperatures. Countless climate metrics are far beyond levels seen in modern times.

    One of the most notable is sea surface temperatures. As the graph below shows, the margin of records in recent months has been particularly striking.

    Multiple line chart of global average sea surface temperatures from 1979 to 2024. Sea surface temperatures have been at their highest on record in February 2024, with 28 February showing 21.09C.

    Researchers are keen to stress that the scale and extent of the oceanic heat is not simply a consequence of the natural weather event known as El Niño, which was declared in June 2023.

    “Ocean surface temperatures in the equatorial Pacific clearly reflect El Niño. But sea surface temperatures in other parts of the globe have been persistently and unusually high for the past 10 months,” explains Prof Saulo.

    “This is worrying and cannot be explained by El Niño alone.”

    Ocean warming has prompted concerns about the mass bleaching of coral reefs. It also raises global sea-levels and can help to fuel higher intensity hurricanes.

    Unusually warm waters may also have been a factor in another exceptional month for Antarctic sea-ice. The three lowest minimum extents in the satellite era have now occurred in the last three years.

    Multiple line chart of Antarctic daily sea-ice extent, 1979 to 2024, between the months of January and April. After record lows in 2023, 2024 has also been exceptionally low.

    Scientists are struggling to explain exactly what’s going on.

    Until 2017, Antarctic sea-ice had defied predictions that it would shrink, unlike in the Arctic, where the downward trend has been much clearer.

    The apparent recent shift – occurring at the same time as other records are being broken around the planet – adds to concerns that Antarctic sea-ice may finally be waking up to climate change.

    “I don’t think you can say it’s coincidental,” Prof Martin Siegert, a glaciologist at the University of Exeter, told BBC News.

    “It’s absolutely frightening. The records are just off [the] scale.”

    There are signs that the run of global temperature records may finally come to an end in the months ahead.

    The 2023-24 El Niño has been one of the five strongest such events on record, the World Meteorological Organization announced on Tuesday, but it is gradually weakening.

    Chart showing average seasonal sea surface temperatures in the equatorial Pacific compared with the long-term average. When temperatures are 0.5C above or below the average, they are considered to be El Niño or La Niña conditions respectively. Recent months have shown El Niño conditions, but these now appear to have peaked.

    El Niño will continue to have an effect on temperatures and weather patterns for the next few months.

    “We would expect [El Niño] to continue to keep 2024 temperatures elevated at least through the first half of the year,” Dr Colin Morice, a senior scientist at the UK’s Met Office Hadley Centre, told BBC News.

    However, a switch to neutral conditions in the Pacific is likely between April and June, according to US science body NOAA, and a further switch to the cool phase known as La Niña could then happen between June and August.

    This would likely put a temporary lid on global air temperatures, with a cooler sea surface in the East Pacific allowing less heat to escape and warm the air.

    But as long as human activities keep releasing huge amounts of greenhouse gases, temperatures will continue rising in the long-term, ultimately leading to more records and extreme weather.

    “We know what to do – stop burning fossil fuels and replace them with more sustainable, renewable sources of energy,” says Dr Friederike Otto, senior lecturer in climate science at Imperial College London.

    “Until we do that, extreme weather events intensified by climate change will continue to destroy lives and livelihoods.”

  • Ghana struggles to bridge climate finance gap for agricultural sector

    Ghana struggles to bridge climate finance gap for agricultural sector

    Ghana’s efforts to combat the escalating impacts of climate change on its agricultural industry face a significant hurdle due to a widening climate finance deficit estimated at approximately US$14.25 billion annually.

    The revelation, brought to light by Dr. Victor Antwi, Chief of Party for the Feed the Future Ghana Mobilizing Finance in Agriculture (MFA) Activity, raises concerns about the nation’s capacity to implement robust measures to safeguard its agricultural sector against the adverse effects of climate change.

    Citing research conducted by Pangea Global Ventures, which indicates that only a mere five percent of Ghana’s annual US$15 billion climate finance requirements are met, Dr. Antwi underscored the urgency of the situation.

    He emphasized the need for widespread dissemination of information regarding the impacts of climate change on Ghana’s agriculture and other economic sectors.

    Additionally, he stressed the importance of climate finance providers sharing best practices to facilitate replication.

    Speaking at the commencement of a three-day USAID Climate Finance Conference in Accra, Dr. Antwi highlighted the significant risks faced by the agricultural sector due to the worsening impacts of climate change, including increased temperatures, shifting precipitation patterns, and more frequent extreme weather events.

    These factors pose a threat to global food security and the livelihoods of farmers worldwide, particularly if agricultural systems fail to become more resilient.

    Furthermore, Dr. Antwi identified major barriers hindering the flow of climate finance towards building resilience in agriculture, ranging from challenges in designing bankable projects to difficulties faced by smallholder farmers in accessing finance.

    He emphasized that investments are not occurring at the necessary pace and scale to address these challenges.

    The adverse impacts of rising temperatures, erratic rainfall patterns, and extreme weather conditions have led to decreased yields for rain-fed farmers, with significant implications for Ghana’s economy, food security, and the livelihoods of its citizens.

    To address these challenges, he called on stakeholders to adopt an integrated approach to climate finance and action on agriculture. “We need to adapt to Ghana’s agricultural systems to climate change impacts, adopt mitigation measures to reduce emissions from the sector and build resilience for the future.”

    The Feed the Future Ghana Mobilizing Finance in Agriculture (MFA) Activity, in partnership with Policy LINK, Market Systems and Resilience, and Africa Trade and Investment Activities, is hosting the USAID Climate Finance Conference under the theme ‘Climate Financing in Ghana: Mobilizing Resources for Adaptation and Mitigation’.

    Bringing together key stakeholders from the public and private sectors, as well as development partners, the three-day event aims to facilitate knowledge-sharing on climate action, resources, lessons learned, and best practices in the agriculture finance sector.

    It serves as a platform for strategizing on attracting investment to manage climate risks effectively and mitigate their effects.

    Plenary presentations during the conference will cover topics such as the global climate financing landscape, carbon markets, finance policies, programs, and lessons for improving intervention design by governments and development partners.

    The USAID-supported Feed the Future Ghana Mobilizing Finance in Agriculture has secured approximately US$234.44 million between October 2020 and January 2024. A significant portion of this funding has already benefited smallholder farmers and microentrepreneurs.

    Initiatives like the US$2.77 million COVID-19 Relief and Resilience Challenge Fund have particularly supported women smallholder farmers, highlighting USAID’s commitment to sustainable and inclusive climate finance.

    Kimberly Anne Rosen, the Mission Director of USAID-Ghana, emphasized the importance of responding adequately to the climate crisis to protect valuable natural resources and provide economic opportunities for vulnerable populations globally.

    While recognizing Ghana’s leadership in combating climate change and its receipt of payments from the World Bank trust fund, Rosen noted that the country still lacks the resources to meet its Nationally Determined Contributions (NDCs) under the Paris Climate Agreement. She reiterated USAID’s commitment to advancing ambitious actions to address the climate crisis.

  • Ghana grapples with $14.25bn annual climate finance gap

    Ghana grapples with $14.25bn annual climate finance gap

    Ghana’s efforts to mitigate the escalating impacts of climate change on its agricultural sector face a significant challenge due to a widening climate finance gap, estimated at around US$14.25 billion annually.

    Dr. Victor Antwi, Chief of Party at Feed the Future Ghana Mobilizing Finance in Agriculture (MFA) Activity, highlighted this concerning gap during the opening session of a three-day USAID Climate Finance Conference in Accra.

    Dr. Antwi emphasized the urgency of bridging this gap to ensure the implementation of robust measures to safeguard Ghana’s agricultural sector.

    He referenced a study by Pangea Global Ventures indicating that only five percent of Ghana’s annual US$15 billion climate finance requirements are currently met.

    He stressed the need for stakeholders to share information on the effects of climate change on Ghana’s agriculture and facilitate sustained flow of climate capital to both public and private sectors.

    The agricultural sector, according to Dr. Antwi, faces significant risks from climate change, including increased temperatures, changing precipitation patterns, and more frequent extreme weather events.

    These challenges threaten global food security and the livelihoods of farmers if agricultural systems are not made more resilient.

    Key barriers hindering the flow of climate finance include difficulties in designing bankable projects and challenges faced by smallholder farmers in accessing finance.

    Dr. Antwi called for an integrated approach to climate finance and action on agriculture, stressing the importance of adapting agricultural systems to climate change impacts, adopting mitigation measures, and building resilience for the future.

    The USAID Climate Finance Conference, hosted by the Feed the Future Ghana MFA Activity in collaboration with Policy LINK, Market Systems and Resilience, and Africa Trade and Investment Activities, aims to mobilize resources for adaptation and mitigation.

    Over the course of the event, stakeholders from the public and private sectors, as well as development partners, will share information, resources, lessons learned, and best practices to attract investment and better manage climate risks.

    USAID-Ghana Mission Director Kimberly Anne Rosen underscored the importance of responding effectively to the climate crisis to protect natural resources and provide opportunities for vulnerable populations. While Ghana has made strides in combating climate change, Madam Rosen acknowledged that the country requires additional resources to meet its Nationally Determined Contributions under the Paris Climate Agreement. She reaffirmed USAID’s commitment to supporting ambitious actions to address the climate crisis.

  • ActionAid report reveals Fossil Fuel companies’ excess profits surpassing US$420 bn

    ActionAid report reveals Fossil Fuel companies’ excess profits surpassing US$420 bn

    A recent report by ActionAid has disclosed that thirty-six prominent companies in the fossil fuel industry, along with their backers, accumulated excess profits exceeding US$420 billion in the 24 months leading up to July 2023.

    The report highlights the potential for generating additional funds for public spending, particularly in crucial sectors like education and climate action, by levying taxes on these extraordinary profits, termed as windfall profits. 

    Such windfall profits are typically associated with external contextual changes, representing a surplus beyond the anticipated and regular profits.

    As world leaders convene at Davos for the World Economic Forum, the report suggests that imposing a 90% tax on the windfall profits of these 36 firms has the potential to generate a staggering US$382 billion in revenue.

    This amount is almost 20 times more than the US$21 billion provided by donors for climate adaptation in 2021.

    “The scale of profits that fossil fuel companies and their bankers are making in the wake of global crises is truly astounding, especially when compared to the hardships that these crises have brought upon regular people around the world,” says ActionAid Secretary-General Arthur Larok. “Windfall profits taxes make sense. They can bring in significant revenue for climate action and social services, while taxing only the extraordinary corporate profits.”

    ActionAid’s research is an analysis of the profits of the top 14 fossil fuel companies and top 22 financial corporations by value on the stock market. In the 24 months to July 2023, these firms made

    US$1,218 billion in profits. Windfall profits from this amount comes to US$425 billion. Fossil fuel company profits in the 12 months before July 2023 were up by an astounding 278% compared to the average in the period between 2017/8 and 2020/1.

    Both the fossil fuel and the financial industries have been making extraordinary profits in recent years, widely attributed to the impact of Russia’s full-scale invasion of Ukraine, and high interest rates adopted by many countries in response to growing inflation.

    ActionAid’s research in 2023 found that banks alone have poured over US$3.2 trillion into fossil fuels in the Global South since the Paris Agreement was adopted in 2015, making them complicit in climate damage.

    At COP27, United Nations Secretary-General Antonio Guterres asked governments to tax the windfall profits of fossil fuel companies and redirect that money to those impacted by climate change. Over one year later, only some EU Member States, the UK, and a few Latin American countries, have introduced some forms of temporary and often limited windfall taxes on fossil fuel companies.

  • US climate envoy John Kerry to step down

    US climate envoy John Kerry to step down

    Sources reveal that US climate envoy John Kerry is set to resign from his position to focus on President Joe Biden‘s re-election campaign, according to officials briefed on the matter.

    The former senator and secretary of state, who held the climate role for three years, will reportedly be involved in promoting Mr Biden’s work on combating global warming.

    The 80-year-old conveyed his decision to his staff on Saturday.

    In November, Americans will participate in the electoral process to choose their next president.

    Mr Kerry’s departure follows the COP28 climate summit in Dubai, where he helped negotiate an agreement for countries to move away from using fossil fuels.

    During his tenure, he also worked effectively with China despite strained diplomatic ties.

    Alongside Beijing’s top climate official Xie Zhenhua, he pushed for their two countries – the largest emitters of greenhouse gases – to work towards tripling renewable energy globally by 2030.

    “The climate crisis is a universal threat to humankind and we all have a responsibility to deal with it as rapidly as we can,” he said during a trip to the Chinese capital last year.

    The former secretary of state was key to brokering the landmark 2015 Paris climate deal

    As secretary of state under President Barack Obama, Mr Kerry was key to brokering the crucial 2015 Paris climate agreement.

    That deal saw nearly the whole world for the first time support a common strategy to cut the greenhouse gas emissions which cause global warming.

    Mr Biden has pledged to cut US emissions in half by 2030, compared to 2005 levels. Two years ago, he passed $369bn (£290bn; €337bn) worth of green subsidies through Congress in a landmark bill.

    While carbon pollution from greenhouse gases in the US went down by almost 2% last year – this was not fast enough to meet the 2030 target, according to an independent research firm.

    Mr Kerry is still expected to attend the Munich Security Conference next month and attend the World Economic Forum in Davos next week.

  • Ghana Stock Exchange collaborates for climate finance and carbon trading initiatives

    Ghana Stock Exchange collaborates for climate finance and carbon trading initiatives


    The Managing Director of the Ghana Stock Exchange (GSE), Abena Amoah, has announced the Exchange’s intention to form strategic collaborations.

    These partnerships will involve the Ghana Carbon Market Office of the Environmental Protection Agency (EPA), all capital market stakeholders, and the business community.

    The goal is to meticulously develop climate finance and carbon trading mechanisms, mobilizing domestic, regional, and international capital to fund Ghana’s just transition targets by 2070.

    Abena Amoah shared this initiative during her address at the inaugural GSE Ring the Bell for Climate Change event, dedicated to acknowledging issuers on the GSE market who have implemented innovative technologies to combat climate change.

    Ghana, aiming to finance its energy transition and achieve a net-zero emission target by 2070, estimates the need for approximately $562 billion.

    This objective is underpinned by the National Energy Transition Framework, which aims to decarbonize the energy sector. According to the United Nations Economic Commission for Africa (UNECA), Ghana, along with other African nations, has the potential to unlock a substantial $82 billion annually from carbon credits.

    UNECA fervently advocates for the establishment of a comprehensive carbon market, positioning it as a sustainable financing mechanism to replace traditional official development assistance to African countries.

    Notably, Ghana has already taken a significant step by approving the transfer of mitigation outcomes in a climate change agreement with Switzerland.

    This initiative involves the exchange of carbon credits for payment, strategically retaining developmental benefits domestically.

    The project’s focus is on transforming Ghana’s waste sector, creating premium organic fertilizer, and generating over 1000 direct jobs, with a special emphasis on women’s employment.

  • Abu Jinapor urges urgent climate action and sustainable financing at COP28

    Abu Jinapor urges urgent climate action and sustainable financing at COP28

    Ghana’s Minister of Lands and Natural Resources, Samuel Abu Jinapor, urgently emphasizes the need for action against climate change and advocates for sustainable financing to protect the planet.

    Addressing the ongoing Conference of Parties (COP28) in Dubai, hosted by the United Arab Emirates (UAE), he discussed Ghana’s strides towards achieving Net Zero and Zero Energy Poverty in his speech.

    He stated that, “over the past few years, we have had to expend our limited resources on the protection of our forests and the implementation of our aggressive afforestation and reforestation programme, including the flagship Green Ghana Project, under which some forty-two million (42,000,000) trees have been planted over the last three years, and the Ghana Forest Plantation Strategy, under which we have cultivated some six hundred and ninety thousand hectares (690,000 ha) of degraded forest in just five years”.

    He highlighted that through the Ghana Cocoa REDD+ Programme, Ghana successfully reduced emissions by 972,456 tonnes of carbon dioxide equivalent (972,456 tCO2e) during the initial accounting period from June to December 2019.

    This achievement, which has been verified and validated, resulted in a results-based payment of US$4,862,280.

    Emphasizing the critical need for climate finance, particularly for forest and nature conservation, he stressed that it is the most effective tool in reaching the 1.5 degrees Celsius (1.5oC) target outlined in the Paris Agreement.

    Mr. Jinapor urged developed nations to fulfill their climate finance commitments, including the long-standing promise of One Hundred Billion Dollars (US$100 billion) made at COP15 in Copenhagen over a decade ago.

    He also mentioned the importance of the three billion US Dollars ($3 billion) pledged as part of the United States’ President’s Emergency Plan for Adaptation and Resilience (PREPARE) program. He cautioned that until these commitments are met, the global target will remain elusive.

    Mr Jinapor was hopeful in referencing the inspiring words of the United Nations Secretary-General, H.E. Antonio Guterres, that “the climate emergency is a race we are losing, but it is a race we can win.”

  • Ghana obtains fresh International Finance Cooperation climate funding

    Ghana obtains fresh International Finance Cooperation climate funding

    At the 2023 IMF/WBG Annual Meetings in Marrakech, Ghana secured funding boost for climate action efforts.

    During the recent gathering in Marrakech, Ghana succeeded in securing additional financial backing for its climate adaptation and mitigation programs at the 2023 IMF/World Bank Group Annual Meetings.

    The International Finance Cooperation (IFC) of the World Bank has committed to providing funding support to Ghana’s various climate change initiatives, aiming to drive sustainable growth, foster a habitable planet, and generate employment opportunities.

    Finance Minister Ken Ofori-Atta shared this development in an exclusive interview with the Ghana News Agency on Sunday, October 15, 2023, following his chairmanship of the Vulnerable Twenty Group of Finance Ministers meeting in Marrakech.

    “We’ve had very good meetings with the World Bank and IFC and those will come with some potentially good resources, including innovative financing schemes for climate mitigation and adaptation,” he said.

    “We have a huge sit at the table [of V20] now, and that will reflect on the whole of Africa, which will also enable us help design and know where financing is going, especially carbon credit financing,” he added.

    The successful conclusion of Ghana’s negotiations with Official Creditors and Eurobond holders, which is expected to happen shortly, would initiate some additional financial obligations that were required, the Minister stated.

    He restated that Ghana would become a leader in the country’s climate change agenda by serving as the host of the V20 headquarters and by having access to fresh ideas and international technologies.

    Ofori-Atta stated that tackling climate change concerns will be the main emphasis of Ghana’s economic growth, and that stability would be translated into more sustainable jobs for the populace.

    “Beyond the stability that you bring with an IMF programme, you need to look at growth, and growth also means, trying to crowd in private investment and making your system stronger,” he said.

    “The climate agenda also puts us inline to get the type of resource for electronic vehicles, and solar energy and things that will make the growth more effective and sustainable,” he added.

    Degradation in Ghana’s Forests: Addressing Climate Change and Sustainable Growth

    Destructive activities such as deforestation, illegal logging, and unsustainable land-use practices, notably illegal mining (locally termed “galamsey”), have significantly diminished Ghana’s once lush forest cover. Initially boasting eight million hectares of tropical forest in 1900, the nation’s forested land has dwindled to a mere 2.7 million hectares today.

    The repercussions of this decline are grave, as Ghana finds itself vulnerable to the adverse impacts of climate change. Consequences include bush fires, droughts, alterations in rainfall patterns, rising sea levels, and heightened salinity of coastal waters.

    In response to this environmental crisis, the government has instituted several initiatives, notably the Green Ghana Day, aiming to motivate Ghanaians to actively partake in reforestation efforts and help reclaim lost forest cover.

    Additionally, Ghana has established a National Climate Change Policy, charting a strategic course for coordinated actions and responses to enhance adaptation, mitigation, and social development. This policy emphasizes five key areas: agriculture and food security, disaster preparedness and response, natural resource management, equitable social development, and energy, industrial, and infrastructural development.

    The overarching goal of policy implementation is to fortify the nation’s resilience, foster a climate-compatible economy, and achieve sustainable development through equitable, low-carbon growth.

  • Africa must find climate solutions to avoid becoming victims

    Africa must find climate solutions to avoid becoming victims

    African heads of state have convened in Kenya for the inaugural Africa Climate Summit, focusing on the continent’s strategy to address climate change.

    This gathering in Nairobi marks a historic event in Africa and seeks to formulate a unified plan to be presented to global leaders during the upcoming COP 28 United Nations climate summit later this year.

    During the three-day summit, attendees will explore a novel financing approach to support governments in their efforts to mitigate carbon emissions.

    Kenyan President William Ruto emphasized that Africa should actively contribute to combating global warming rather than merely being impacted by it.

    “For a very long time we have looked at this as a problem. It is time we flipped and looked at it from the other side,” he told delegates at the opening of the meeting.

    “There are opportunities, immense opportunities as well. And that is why we are not here to catalogue grievances and list problems, we are here to scrutinise ideas, assess perspectives, so that we can unlock solutions.”

    African nations suffer from some of the greatest effects of climate change despite being among its smallest contributors.

  • Farmers urged to employ climate-conscious models in practice

    Farmers urged to employ climate-conscious models in practice

    Ghana’s agricultural sector faces numerous challenges, including the need for profitability, climate change adaptation, and sustainable practices.

    To address these challenges, farmers are being encouraged to adopt environmentally conscious methods that can maximize their returns.

    Conventional agricultural practices like bush burning, monocropping, excessive chemical usage, and a lack of product value addition pose significant obstacles to both agricultural and environmental sustainability.

    The situation is further compounded by a lack of knowledge regarding proper farming models.

    To tackle these issues, the SNV Boosting Green Employment and Enterprise Opportunities in Ghana (GrEEn) Project, in collaboration with the Kwadaso Agricultural College, has provided training to 45 farmers and prospective farmers.

    This initiative is part of a larger effort that has trained and certified 83 entrepreneurs in the agricultural value chain across the Ashanti and Western Regions of Ghana.

    SNV’s Opportunities for Youth Employment (OYE) Programme offers Basic and Advanced Skills training to equip beneficiaries with Climate Smart Agricultural practices. Through this program, participants receive training in agro-processing, value chain concepts, crop production, financial literacy, and management. The aim is to enhance their entrepreneurship and employability skills.

    Awudu Darmani Musa, SNV’s Senior Skills Advisor, highlights that incorporating innovative methods into farming is crucial for maximizing profits.

    By adopting innovative approaches, farmers can adapt to changing conditions, optimize productivity, and ensure sustainability in their agricultural practices.

    “Most of them are farmers or entrepreneurs who needed some theoretical background in what they are doing and also seek innovative ways of doing things. We are looking at climate change models and experiences to be put into their activities. Farmers don’t know the scientific backgrounds of their practices and their effects.

    “Like burning the bushes. They don’t know the effects of it. So with this program, they had gone through this training and experience. Through the program, they have learned how to turn their farm produce into a useful product for them to maximize their profit,” he said.

    Ejisu Municipal Director of Agriculture, Dr. David Anambam, implored agricultural practitioners and experts to take up the task of educating farmers.  

    “Farmers have to do their work, but the extension officer is there to assist them to improve and employ modern farming practices. Some places have one officer to 2,500 farmers. Farmers can be helped to apply experience to the theory they learn here. And that will improve their work and income. Programs like this can solve such issues. 

    “We should demarcate, our farmer population into the various districts.  Opinion leaders who are like an extension of extension officers can teach farmers new methods. And programs where we have practitioners who teach them about their work is also better,” he said. 

    Principal of Kwadaso Agriculture College, Albert Appiah Amoako, revealed the school is going digital.

    “…such that we now monitor produce right from production to harvesting through technology. We entreat organic farming without the use of chemicals. The sector has attracted many people. The population in Kwadaso has moved from 500 to about 921. It tells us that what we are doing here is increasing the numbers, and we need to expand our facilities now. The good news is, a lot of them are female.”

    Beneficiaries of the training and financial grants of the SNV GrEEN expressed their appreciation and enlightenment. 

    “As a rice farmer, I only cultivate rice but, the training has enlightened me that I could start a pig farm and feed them with my rice husks. And this will generate extra income,” a beneficiary said.

    Another continued that, “SNV came to our community and realized my need as a rice farmer and gave me a grant. Firstly I was working on 2 acres of land, but now working on 7 acres of and with about 10 casual workers. And I came here to gain additional knowledge to top up to expand my business,” Ahiamadzor Selasi said. 

    “I have been on poultry for some time now, but the animals keep dying. Today’s training has taken me through practices that can maintain them and prevent losses. I have been taught how to cultivate a side business like mushroom irrespective of land size. I am very grateful that I took this opportunity,” said Hannah Akuttei.

  • Study suggests climate breakdown leading to alteration of ocean colors worldwide

    Study suggests climate breakdown leading to alteration of ocean colors worldwide

    The sea is becoming greener due to changes in plankton populations, analysis of Nasa images finds

    Earth’s oceans are changing colour and climate breakdown is probably to blame, according to research.

    The deep blue sea is actually becoming steadily greener over time, according to the study, with areas in the low latitudes near the equator especially affected.

    “The reason we care about this is not because we care about the colour, but because the colour is a reflection of the changes in the state of the ecosystem,” said BB Cael, a scientist at the National Oceanography Centre at the University of Southampton and author of the study published in Nature.

    Prior research focused on changes in the greenness of the ocean – from the verdant chlorophyll in its plankton – to learn about trends in the changing climate. But Cael’s team pored over 20 years of observations by Nasa’s Modis-Aqua satellite, an exhaustive data repository, and looked for patterns of change in the ocean’s hue through a fuller colour spectrum including red and blue.

    Plankton of different sizes scatter light differently, and plankton with different pigments absorb light differently. Examining changes in colour can give scientists a clearer picture of changes in plankton populations around the globe. Phytoplankton is crucial to ocean ecosystems because it is at the base of most of its food chains.

    When comparing these changes in colour with those hypothesised from a computer model simulating what the oceans would look like if human-caused global heating had never taken place, the change was clear.

    “We do have changes in the colour that are significantly emerging in almost all of the ocean of the tropics or subtropics,” said Cael.

    The changes have been detected over 56% of the world’s oceans – an area greater than all of the land on Earth.

    In most areas there’s a clear “greening effect”, Cael said, but he added that there are also places where red or blue colourings are rising or falling.

    “These are not ultra, massive ecosystem-destroying changes, they may be subtle,” said Cael. “But this gives us an additional piece of evidence that human activity is likely affecting large parts of the global biosphere in a way that we haven’t been able to understand.”

    Although this discovery firmly documents another consequence of a changing climate, what is not yet clear is how strong these changes are and what is happening inside the ocean to cause them, according to Michael J Behrenfeld, a researcher of ocean productivity at Oregon State University, who was not involved in the research.

    “Most likely, the measured trends are associated with multiple factors changing in parallel,” said Behrenfeld. For instance, the potentially increasing abundance of microplastics in the ocean, which like any other particles increase light scattering.

    “With answers to these questions, we can then begin understanding what the ecological and biogeochemical implications are,” said Behrenfeld.

    Nasa will be launching an advanced satellite mission in January 2024 called Pace (plankton, aerosol, cloud, ocean ecosystem) which will also measure hundreds of colours in the ocean instead of a handful, progressing studies like these further.

    “Making more meaningful inferences about what the changes actually are ecologically is definitely a big next step,” said Cael.

  • Voters adopt new climate law to reduce pollution that warms the earth

    Voters adopt new climate law to reduce pollution that warms the earth

    In light of the country’s worrying glacier melt, Swiss voters have passed a new law to decrease the use of fossil fuels and drastically slash levels of pollution that heats the earth.

    The nation must achieve net zero – where it would remove from the atmosphere at least as much pollution that contributes to global warming as it emits – by 2050, according to the law, which received just over 59% of the vote in a referendum held on Sunday.

    With no domestic oil or gas resources, Switzerland now imports about three-quarters of its energy.

    “These fossil fuels will not be available indefinitely and they place a heavy burden on the climate,” a statement on the Swiss government website said Sunday. The government said it wants to reduce the use of oil and gas while increasing energy produced within Switzerland.

    The new bill includes measures to lower energy consumption and support companies to use more climate-friendly technology.

    Switzerland intends to invest 2 billion francs ($2.24 billion) into helping people to replace home heating systems run on fossil fuels with those run on renewables, and 1.2 billion francs ($1.34 billion) for businesses to green their technology, André Simonazzi, a Swiss government spokesperson, posted on Twitter.

    Switzerland, a country of 8.7 million people, has a system of direct democracy, which allows citizens to trigger a nationwide referendum on proposals that gain more than 100,000 signatures.

    A climate law was first introduced back in 2021, including measures to increase taxes on activities that produce high levels of planet-heating pollution, such as flying and driving gas-powered cars. But it was rejected by voters.

    This current climate bill was proposed as a response to the Glacier Initiative, set up by the Swiss Association for Climate Protection, which pushed for an end to fossil fuels in order to save the country’s glaciers.

    “This law now brings our country on the path to net-zero emissions by 2050 even though there’s still a long way to go until these changes are fully implemented,” said Matthias Huss, a glaciologist at ETH Zurich and who was a member of the Glacier Initiative’s scientific advisory board

    The record run of recent climate extremes in Switzerland, and worldwide, “seems to have convinced many citizens that climate change is no longer something looming on the horizon but it’s already here, and everybody is touched by it,” Huss told CNN.

    Switzerland has been increasingly feeling the impacts of the climate crisis. The country lost 6% of its glacier volume between 2021 and 2022, according to a recent World Meteorological Organization analysis.

  • Climate change affecting Ghanaian farmers’ rainfall prediction, productivity

    Climate change affecting Ghanaian farmers’ rainfall prediction, productivity

    All areas of life are impacted by climate change, but those that depend on the environment are most vulnerable. One example is rural areas with farms.

    Economic and non-economic effects of climate change on farmers are the two categories into which they are most frequently divided. Losses that may be calculated or assessed in monetary terms are considered economic consequences.

    Losses that cannot be assessed or quantified in monetary terms are referred to as non-economic impacts. Loss of indigenous knowledge, cultural heritage, and a sense of location and belonging are a few examples.

    Research and policy strategies have focused on understanding and addressing the economic effects of climate change. Less so the non-economic aspects. I study food and agricultural systems in Ghana. In a recent paper my colleagues and I sought to understand the non-economic effects of climate change on farmers in Ghana.

    Our findings have implications for climate change adaptation strategies and policies across the global south.

    It is important to note that our research is not in any way suggesting that climate change is the only process driving changes in the farming systems and local culture in Ghana. But, based on the interviews we did, we argue that climate change is playing a role.

    Our research and its findings

    We conducted 30 in-depth interviews and a focus group with farmers in Offinso, a farming area in southern Ghana. Offinso is traditionally known for both food and cash crops production in Ghana. Farmers in the area produce crops that include maize, vegetables, pawpaw and cocoa. Agriculture in the area is largely rain-fed.

    Farmers were asked to describe the weather patterns over a 30-year period. Their responses showed that they had experienced variable weather patterns, a situation that is affecting their farming activities.

    For example farmers were no longer able to predict rainfall patterns and farming seasons. Farmers indicated that 30 years ago, the rains were constant during specific months of the year. This enabled them to plan and organise themselves for their yearly farming activities, as they were able to predict rains and start of the farming season.

    But rainfall patterns have become very variable.

    A consequence of this was that farmers could no longer exchange labour in a system known as Nnoboa. Farmers explained that when they could predict the farming season, they organised themselves at the start of the farming season for Nnoboa. This is often based on the principle of helping one another on the farm as a way of building social bonds. Nnoboa was largely practised at the start of the rainy and farming seasons, when land preparation and planting of crops are required.

    But the variable nature of the rains had distorted the farming seasons and organisation of Nnoboa – communal labour. Instead farmers were relying on their nuclear families or hired labour. This reflected a much more individualist – as opposed to a communal – approach to farming.

    We also asked farmers to describe how climate change affected their mental well-being. We asked them to describe climate change effects that made them anxious, depressed, grief, helpless, hopeless and sad.

    They explained that extreme weather events such as storms and droughts destroyed their crops, leaving them emotionally distressed, helpless and sad. It was clear from the responses that extreme weather events are not new to farmers. Nevertheless, they expressed the view that major changes in weather patterns had become more frequent.

    Way forward

    Global efforts are underway to curb carbon emissions. Nevertheless changing weather patterns, drought and storm conditions continue to pose both economic and non-economic effects on vulnerable people.

    The neglect of the non-economic aspects of climate change in research and policy threatens to worsen the vulnerability of farmers. This gap needs to be filled so that appropriate conventional and local adaptation strategies and policies can be designed to address the effects of climate change in developing countries.

    This article is republished from The Conversation Africa under a Creative Commons license.

  • Ozone layer recovery on track to prevent a 0.5°C increase in global warming

    Ozone layer recovery on track to prevent a 0.5°C increase in global warming

    “The ozone layer is on track to recover within four decades, with the global phaseout of ozone-depleting chemicals already benefiting efforts to mitigate climate change.”

    This is the conclusion reached by an expert panel supported by the UN, which was announced on Monday at the 103rd annual meeting of the American Meteorological Society. The panel examined cutting-edge technologies like geoengineering for the first time and issued a warning about unintended consequences for the ozone layer.

    The ozone layer has been successfully protected by the phase-out of nearly 99% of banned ozone-depleting substances, according to the UN-backed Scientific Assessment Panel to the Montreal Protocol on Ozone Depleting Substances quadrennial assessment report, which is published every four years.

    This has resulted in a notable recovery of the ozone layer in the upper stratosphere and a reduction in human exposure to dangerous ultraviolet (UV) rays from the sun.

    “If current policies remain in place, the ozone layer is expected to recover to 1980 values (before the appearance of the ozone hole) by around 2066 over the Antarctic, by 2045 over the Arctic and by 2040 for the rest of the world. Variations in the size of the Antarctic ozone hole, particularly between 2019 and 2021, were driven largely by meteorological conditions. Nevertheless, the Antarctic ozone hole has been slowly improving in area and depth since the year 2000.”

    “That ozone recovery is on track according to the latest quadrennial report is fantastic news. The impact the Montreal Protocol has had on climate change mitigation cannot be overstressed. Over the last 35 years, the Protocol has become a true champion for the environment,” said Meg Seki, Executive Secretary of the United Nations Environment Programme’s Ozone Secretariat.

    “The assessments and reviews undertaken by the Scientific Assessment Panel remain a vital component of the work of the Protocol that helps inform policy and decision-makers about climate change effects.”

    The positive effect that the treaty has already had on the climate is reaffirmed in the 10th edition of the Scientific Assessment Panel. The Kigali Amendment to the Montreal Protocol, a separate 2016 agreement, mandates a phase-down in the production and consumption of some hydrofluorocarbons (HFCs).

    HFCs are potent climate change gases, even though they do not directly reduce ozone. According to the Scientific Assessment Panel, this amendment is expected to prevent warming by 0.3 to 0.5°C by 2100. (this does not include contributions from HFC-23 emissions).

    “Ozone action sets a precedent for climate action. Our success in phasing out ozone-eating chemicals shows us what can and must be done – as a matter of urgency – to transition away from fossil fuels, reduce greenhouse gases and so limit temperature increase,” said WMO Secretary-General Prof. Petteri Taalas.

    A large international group of experts, including many from the World Meteorological Organization (WMO), United Nations Environment Programme (UNEP), National Oceanic and Atmospheric Administration (NOAA), National Aeronautics and Space Administration (NASA), and European Commission, have based the most recent assessment on extensive studies, research, and data.

    Geoengineering

    The Scientific Assessment Panel examined the potential effects on ozone of stratospheric aerosol injection, or the deliberate addition of aerosols into the stratosphere, for the first time (SAI). The use of SAI has been suggested as a potential strategy to lessen global warming by increasing solar reflection.

    Yet the panel cautions that unintended consequences of SAI “could also affect stratospheric temperatures, circulation and ozone production and destruction rates and transport.”

    Source: myjoyonline

  • SREP to unlock additional financing opportunities in energy sector – Owuraku Aidoo

    The Deputy Minister for Energy, William Owuraku Aidoo, has said that Ghana’s Ghana Scaling-up Renewable Energy Program (SREP) will unlock additional financing opportunities to achieve accelerated and sustainable development of the country’s renewable energy sector and contribute to the goals of the country’s energy transition efforts.

    The deputy minister made this revelation when he represented energy minister, Dr. Matthew Opoku Prempeh, to launch the SREP and also inaugurated the SREP Steering Committee (SREP SC) and the Net-Metering Solar PV project Governance Council (SREP NMPV GC), at the Accra City Hotel.

    The Ghana SREP is a multi-donor initiative of the Climate Investment Fund (CIF), the African Development Bank (AfDB), the Swiss Government acting through its donor agency SECO and the Government of Ghana aimed at mobilizing financial resources to catalyze investment in renewable energy solutions, increase access to clean and reliable electricity services and support Ghana’s energy transition efforts.

    William Aidoo, who is also the MP for Afigya Kwabre South, added that the Ghana SREP will thus contribute significantly to the electrification of the last-mile rural communities and the attainment of the universal access to electricity target by 2025, as well as increase Ghana’s energy security through the increased renewable energy contribution in the generation mix of 10% by 2030.

    He stated that in May 25th 2022, Ghana signed two separate agreements with AfDB and SECO which consummated the mobilization of a total of US$85.18m as follows;

    1. Climate Investment Fund contribution amounting to US$28.49 Million, 2. African Development Bank contribution amounting to US$27.39 Million, 3. SECO contribution in parallel co-financing amounting to US$14.00m specifically to fund the NMPV Component, and 4. Government of Ghana Counterpart Funding amounting to US$16.00m.

    The US$85.18m will fund two flagship project components: (1) Mini-grid & Standalone Solar Home Systems project and, (2) Net-metered Solar PV Project, as well as the associated project management costs

    “The Mini-grid and Solar Home Systems project, will deliver 35 mini-grids, standalone solar PV systems for 750 SMEs, 400 schools, 200 health centres and 100 communities’ energy service systems in rural Lakeside and island communities in the Savanah, Northern, Bono East, and Oti Regions,” the deputy minister stated, adding that an estimated 84,255 Ghanaians living in remote rural communities will have access to clean and affordable renewable electricity.

    The Net metering solar PV (NMPV) project, he said, will deliver 12,000 units of roof-mounted net-metered solar PV systems to reduce the public sector electricity debt, impact positively on the Energy Sector Recovery Program (ESRP) and, improve energy security for small and medium-sized enterprises (SMEs) and households in the urban areas.

    The deputy minister expressed government’s deep appreciation for the support it has enjoyed and continues to enjoy from the donor community, particularly the AfDB and the Swiss Government through SECO, and gave the assurance that Government of Ghana will honour all her obligations under the project.

  • What makes this new funding deal so historic?

    We’re using the word historic, but what will this fund actually do and how will it work?

    Well, we are still trying to get more details on what exactly has been agreed here.

    We know it is a decision to set up a fund that should start delivering money next year – money which should go to developing nations and come from developed nations.

    Poor nations have called for this for so long because they suffer the worst of climate impacts, but historically caused little to none of the greenhouse gas emissions that warm Earth’s atmosphere.

    Take the UK – it has emitted these gases for around 150-200 years since the industrial revolution, burning coal, then oil and gas to fuel economic growth.

    But, while climate change will affect the UK, it will not hit as badly as low-lying nations which could be almost wiped out by sea level rise.

    Yet those nations barely contribute to emissions. It’s that imbalance that this commitment is trying to address.

  • How blended finance can support climate transition in emerging, developing economies

    Emerging market and developing economies account for two-thirds of global greenhouse gas emissions, and many are highly vulnerable to climate hazards.

    These economies will need significant financing in coming years to reduce emissions and adapt to the physical effects of climate change.

    Many also have high debt and constrained budgets because of the pandemic and face higher government borrowing costs amid rising interest rates around the world, making it especially difficult for public finance to meet pressing climate financing needs.

    These factors mean mobilizing private capital on a large scale will be key to achieving their climate objectives. Financial markets alone can’t do the job, but combining public and private capital offers unique advantages by reducing investment risk and attracting greater funding.

    Multilateral development banks and international financial institutions can provide support through creating blended financing structures to alter the risk-return profile for the climate transition in emerging economies.

    It’s important to start by establishing an attractive investment climate and policies to incentivize private participation. Climate policies and finance are complementary because better policies attract private investment, in turn helping meet policy objectives.

    Carbon pricing is the most effective tool to make high emitters pay for the climate costs they impose and thereby channel private investment toward projects that emit less.

    More generally, climate policies and commitments like the Paris Agreement’s Nationally Determined Contributions can signal to investors to direct investment to a low-carbon economy. Establishing a strong climate information architecture for data, taxonomies, and disclosures also will help.

    Opportunity for impact

    Unfortunately, private climate finance faces multiple constraints, from future policy uncertainty and technological costs that raise the cost of capital to other barriers such as data limitations and unattractive risk-return profiles.

    Despite these challenges, private climate finance can help emerging economies meet Paris Agreement goals.

    Innovative financing instruments can attract investors with different risk profiles and investment horizons, as we noted in our October Global Financial Stability Report.

    In larger emerging markets with functioning bond markets, investment vehicles such as green bond funds can help broaden the investor base by drawing in institutional participants like insurance companies and pension funds.

    Multilateral development banks and international financial institutions have a crucial role to play to attract much larger sums of private capital.

    They can provide technical assistance, helping develop projects, improve governments’ institutional capacity, and build the local currency bond markets to broaden the set of domestic investors.

    By agreeing to be first to endure losses in green funding vehicles and securitizations, development banks can increase the expected risk-adjusted return for private investors.

    With appropriate governance, public backing can help avoid moral hazard associated with guarantees, which involve risk that gains are privatized while losses socialized.

     

    Advanced economies could back public equity as a way of delivering on their annual $100 billion commitment to emerging and developing economies.

    In addition, equity investment can effectively leverage public money. Commitments by development banks are matched by less than a third of the amount from private sources, for emerging and developing economies, on average.

    That contrasts with smaller deals by the World Bank Group’s International Finance Corporation and Amundi SA, Europe’s largest asset manager. The IFC-Amundi structured fund attracted 16 times as much private investment.

    For less-developed economies, green infrastructure projects will remain a key instrument, and development banks will naturally play a central and enduring role.

    More climate financing could be channeled through development banks to support such projects by increasing their capital base and through partnerships with the private sector.

    Public money, including from development banks and international financial institutions, can help launch green or climate structured funds where risk is distributed among lower tranches of such funds, which could attract much more private capital to take the senior tranches.

    Blended support

    In addition, if green or climate funds invest in the equity of climate projects, development banks and commercial lenders may be more willing to lend.

    As such, public money provides incentives at the fund and project level, and both can be blended with public and private money.

    The IMF can play an important role through its surveillance, capacity development, risk assessments, and climate diagnostic tools.

    Our first ever long-term financing tool, the Resilience and Sustainability Trust, now has more than $40 billion in funding pledges, and staff-level agreements with Barbados, Costa Rica, and Rwanda.

    Under the RST, lending by the Resilience and Sustainability Facility can help boost private financing.

    Fund staff will work with governments, development banks and investors to identify financing constraints and further explore how to scale up private financing.

    We’ll also continue to promote carbon pricing, along with alternatives that can achieve equivalent outcomes, such as feebates and regulations.

    And, finally, the IMF will continue to strengthen the climate information architecture and help emerging economies promote private climate finance.

     

    Source: Graphic.com.gh

  • Jinapor, John Kerry co-chair first ministerial meeting of Forests and Climate Leaders’ Partnership

    The Minister of Lands and Natural Resources, Mr Samuel Abu Jinapor, Saturday co-chaired the first ministerial meeting of the Forests and Climate Leaders’ Partnership with the United States’ Special Presidential Envoy for Climate, Secretary John Kerry, at the ongoing COP27 in Sharm El- Sheikh, Eqypt.

    The meeting, attended by 28 ministers and five observer countries, was to develop a framework for 2023 and beyond, to achieve the objectives of the Partnership.

    Mr Jinapor pledged the Government’s commitment to working with members of the Partnership to deliver on forests and nature-based solutions to climate change.

    He gave the assurance of using his leadership on the new Partnership to showcase Ghana’s climate actions and that of other countries as they synergise to work on addressing forest losses.

    Forests and nature-based solutions could deliver up to a third of global climate solutions, and “Ghana, as a respected member of the international community, is fully committed to supporting global climate action,” he said.

    The Forests and Climate Leaders’ Partnership (FCLP) is a new political forum that brings together governments and partners to implement solutions to reduce forest losses, increase restoration, and support sustainable development.

    It creates a platform for heads of state, governments and their ministers to combine political efforts to accelerate global action to halt and reverse forest losses and land degradation by 2030.
    The members work towards delivering sustainable development and promoting an inclusive rural transformation.

  • Climate polluter nations must pay up for losses – Action Aid

    Country Director of ActionAid Ghana, John Nkaw, has urged wealthy polluter nations to shoulder financial responsibility for the harm that climate change
    causes to the most vulnerable and underdeveloped nations.

    Addressing attendees at the National Climate Change Seminar in Accra, Mr Nkaw stated that the startling shifts in the climate are
    having a toll on scores of farmers in vulnerable nations like Ghana, thus the need for developed countries to support vulnerable countries.

    “These sad realities demand our collective action to prevent a further increase in the wealth gap. We must continue our campaign for the establishment of an
    international financing facility to help vulnerable countries recover and rebuild in the aftermath of climate disasters,” he indicated.

    However, he added that regular and diverse climate change research is critical to improving stakeholders’ understanding of adaptation. Engaging in such research, he said, will also influence private and public activities to attract investors to vulnerable communities.

    “The net effect of ongoing climate change is affecting agricultural production. These changes have impacted negatively on people
    already living in poverty, who have become vulnerable to prolonged droughts, floods among other climate-induced impacts,” he added.

    The seminar helped to raise awareness of the effects of climate change on farm households, facilitate interaction with government agencies, and publish research findings on Ghana’s climate change situation.

    Climate change, which impacts both developed and developing countries, remains one of the world’s greatest threats. Despite contributing the least
    to existing global climate action interventions, Africa is one of the continents most vulnerable to climate-related disasters.

    According to the most recent study from the UN’s climate panel, the harmful effects of climate change are intensifying faster than scientists predicted less than ten years ago.

    It stated that while many effects are unavoidable and will disproportionately affect the world’s most vulnerable populations, governments working together to reduce greenhouse-gas emissions and prepare communities for climate change could still prevent the worst outcomes.

    According to the Ministry of Finance (MoF), the impact of climate change on agriculture and the environment was estimated at US$6.3 billion in 2017.

    The African Development Bank has disclosed that the continent will require approximately $3trillion for climate adaptation programs by 2030 in order for
    African economies to enact national commitments.

    On the other hand, the World Bank report on Ghana’s climate risk profile predicts that the country’s average temperature will rise by 1°C to 3°C by mid-century and 2.3°C to 5.3°C by the end of the century.

    It added that the country’s northern and inland areas are likely to be warm on a regular basis. Meanwhile, the World Bank has offered Ghana a $3 million grant to shield local communities from the impacts of climate change.

    This was announced by President Akufo-Addo when giving a speech at Ghana’s pavilion at the ongoing 27th United Nations Conference on Climate Change (COP27), on Wednesday, November 10, 2022.

    People present at the conference were Lands and Natural Resources, Samuel Abu Jinapor; Energy, Dr Matthew Opoku Prempeh, other state officials and the Minister of Environment, Science, Technology and Innovation (MESTI), Dr Kwaku Afriyie.

     

  • Climate: 600 million euros released for the transition in South Africa

    France and Germany have released 600 million euros to help the energy transition in South Africa as part of an investment plan approved at COP27 in Egypt for a total of 98 billion dollars.

    “South Africa, France, and Germany have signed loan agreements for the two European nations to provide 300 million euros each in concessional financing to South Africa in support of the country’s efforts to reduce its dependence on coal,” the three countries announced Wednesday in a joint statement.

    South Africa gets 80% of its electricity from coal, a pillar of the economy that employs nearly 100,000 people. Several power plants are to be shut down by the end of 2030. The state-owned company Eskom, which is in debt, is unable to produce enough electricity with its aging installations and is imposing continuous power cuts.

    A $98 billion investment plan for the energy transition of Africa’s leading industrial power was approved earlier this week at the UN climate summit in Sharm el-Sheikh, which opened on Sunday, following an agreement in principle reached last year at COP26 in Glasgow.

    France, Germany, the United Kingdom, the United States, and the European Union had pledged the support of 8.5 billion dollars with the ambition of making South Africa an example of cooperation in the fight against emissions in developing countries.

    The sum released by France and Germany, in the form of loans from the German public investment bank (KfW) and the French development agency (AFD), is the first tranche of this aid. The two countries have pledged one billion euros each to South Africa, which will need at least $500 billion to achieve carbon neutrality by 2050, according to the World Bank.

    South African President Cyril Ramaphosa has repeatedly criticized rich countries for providing aid to the poorest mainly in the form of loans that risk adding to their debt.

    Southern countries will need more than $2 trillion a year by 2030 to finance their climate action, nearly half of it from outside investors, according to a report commissioned by the COP presidency.

     

    Source: Africa News

  • Cedi rally on no ‘haircut’ for bonds pledge may be short-lived

    The Cedi recovered strongly against the dollar, appreciating to 13 from 14.05 at last week’s close after President Nana Akufo-Addo said bondholders won’t suffer losses as part of any IMF bailout.

    The recovery was aided by a Bank of Ghana clampdown on illegal FX traders. Dollar demand remains heavy ahead of the Christmas period as importers seek to pay for goods in time for the festive shopping season. We expect the currency’s recovery to be short-lived, with rising inflation and high debt levels driving the Cedi back to the 14 levels in the near term.

    Twin priorities for Africa leaders at COP27

    With Africa contributing only around 3% of global emissions but devastated by extreme weather, such as recent floods displacing millions and destroying farmland across west Africa, the continent’s leaders have two core objectives at the UN’s COP27 climate conference next week.

    The first is that developed nations should pay reparations for the impact that climate change is having on Africa, with the funds used to build infrastructure that will be more resilient against extreme weather and support transition to renewable energy.

    The second objective is to strike a balance between calls for a global halt to new fossil fuel projects and the priorities of economic development in Africa and the need for new sources of oil and gas to address energy shortages in Europe. Progress on either of these broad objectives could provide relief for Africa’s economies and currencies.

    Naira tumbles to new low as CBN to void high-value notes

    The Naira plunged to a new low against the dollar on the unofficial market, trading at 850 from 772 at last week’s close. Nigerians rushed to buy dollars after the central bank said it plans to redesign high value Naira notes by mid-December and void any old notes still in circulation by the end of January next year.

    The spread between the official and unofficial rates is now more than 88%, the largest ever gap, according to Bloomberg. The note redesign is intended to mop up excess funds, reduce counterfeit notes and hamper ransom payments from terrorists and kidnappers.

    The central bank has expressed concern about the amount of currency in circulation outside of the banking system, reducing the efficacy of its policy levers. With dollar demand continuing to outpace supply, and with no more central bank support in the parallel market, we expect the Naira to lose further ground in the near term.

    Rand loses ground on Fed hike

    The Rand weakened against the dollar, trading at 18.27 from 18.12 at last week’s close after the US Federal Reserve raised interest rates by another 75 basis points to its highest level in 14 years.

    The Rand had been trading even lower at the start of the week, briefly touching 18.40, before recovering slightly amid renewed optimism about China’s economic outlook. Domestic concerns also continue to pile pressure on the local unit, such as ongoing power cuts and uneven taxation (with about 4% of the population being responsible for 84% of the country’s tax receipts).

    We expect the Rand to continue trading in the 18s in the week ahead, though it is unlikely to weaken beyond 18.50.

    Egypt Pounds plunges to record on flexible FX move

    The Pound depreciated sharply against the dollar, hitting a fresh record low of 24.15 from 19.67 at last week’s close after the country signalled it was moving to a flexible exchange rate as part of the $3bn IMF loan deal agreed last Thursday.

    The Pound’s weakening is likely to fuel inflation, which hit a four-year high of 15% in September. Egypt’s economy has been struggling from the twin effects of the Covid-19 pandemic and commodity price shocks caused by Russia’s war in Ukraine.

    That has sparked a foreign investor exodus that is putting more pressure on the Pound, which we expect to sink further in the weeks ahead as the currency floats more freely and adjusts to market based levels.

    Kenyan Shilling at new low set for further losses

    The Shilling declined to a fresh record low, trading at 121.35/121.55 from 121.15/121.35 at last week’s close amid the familiar trend of elevated dollar demand from energy and manufacturing businesses that is outpacing supply.

    The central bank continued to support the currency using its dollar reserves, preventing a larger slide. FX reserves fell to just under $7.3bn from slightly above a week earlier.

    We expect the Shilling to weaken further in the week ahead as the US Federal Reserve’s 75 basis point hike this week strengthens the dollar.

    Ugandan Shilling to weaken on debt concerns

    The Shilling strengthened against the dollar, trading at 3770 from 3808 at last week’s close. Energy Minister Ruth Nankabirwa Ssentamu said Uganda plans to start pumping its oil reserves in 2025, with the country likely to court Chinese investment to finance the East African pipeline project.

    Meanwhile, African health officials said the Ebola outbreak is under control due to successful contact-tracing efforts. The World Health Organization upped its Ebola risk assessment for the country and the wider region as infections reached the capital Kampala. The currency’s stronger showing may be short-lived.

    We expect concerns about Ugandan debt levels will cause the Shilling to depreciate in the coming days.

    Shilling stable as Tanzania President visits China

    The Shilling was broadly unchanged against the dollar, trading at 2332 from 2331 at last week’s close. Petrol prices dropped for a third month in a row at the start of November, supported by the government’s TZS200bn fuel subsidy.

    While that handout is protecting Tanzanians from inflationary strains, there are concerns about the sustainability of the subsidy and the potential long-term effects it could have on the economy. President Samia Suluhu Hassan is visiting China this week as Tanzania seeks to drum up investment for the East African oil pipeline that will pump crude from Uganda through to Tanzania’s Tanga port. We expect the Shilling to be more volatile against the dollar in the days ahead following the US Federal Reserve’s latest rate hike.

    Source: Ghanaweb

  • Lifting 100 million out of poverty by 2025 still possible, despite recession threat

    A flagship UN poverty study released on Monday, the International Day for the Eradication of Poverty, finds that significant poverty reduction is possible, and new ways of calculating the problem can help humanitarians and governments better target aid.

    The Multidimensional Poverty Index (MPI), a joint analysis from the UN Development Programme (UNDP) and the Oxford Poverty and Human Development Initiative (OPHI) at the University of Oxford, goes beyond measuring poverty as a measurement of poverty, and looks at other indicators, from access to education and health, to living standards such as housing, drinking water, sanitation and electricity.

    Using this way of calculating the issue, the study shows that, even before the COVID-19 pandemic and the current cost-of-living crisis are accounted for, some 1.2 billion people in 111 developing countries are living in acute multidimensional poverty – nearly double the number who are seen as poor when poverty is defined as living on less than $1.90 per day.

    Joined up thinking

    Because there are different aspects of poverty in different regions, the study calls for the development of strategies that tackle the issue to be tailored to specific countries and regions.

    It also identifies recurring patterns of poverty (“deprivation bundles”), that commonly affect those at risk. For example, more than half of those living in poverty lack both electricity and clean cooking fuel, whilst a third are deprived of nutrition, cooking fuel, sanitation and housing at the same time.

    The experience of families in Lao PDR, for example, shows the interconnected nature of living in poverty, and the complexity of reducing it.

    Children are sent to collect firewood because of a lack of cooking fuel, so they can’t go to school. Simply providing funds to build a school would, therefore, make no sense, without first fixing the fuel problem.

    Historic improvement

    Despite the scale of the challenge, significant improvements have been made in reducing poverty.

    In India, some 415 million people left multidimensional poverty in a 15-year period – a historic change – and data gathered before the COVID-19 pandemic show that 72 countries had significantly reduced poverty over recent years.

    The report showcases success stories from countries that have used integrated poverty reduction strategies: Nepal’s investment in sanitation, for example, has improved access to drinking water, child nutrition, and, through a reduction in diarrhoea and child mortality.

    Reacting to the findings, Achim Steiner, the head of UNDP, said that, at a time when government budgets are being squeezed, cutting-edge data and analytics can pinpoint the areas where spending will have the most impact.

    For example, the report shows, he said, “that decarbonization and expanding access to clean energies will advance climate action, and is also critical for nearly 600 million multidimensionally poor people who still lack access to electricity and clean cooking fuel.”

    The study, he continued, will be “vital to inform UNDP’s efforts across the globe as we work with our partners from the United Nations and beyond to reach our bold objective of helping lift 100 million people out of multidimensional poverty by the year 2025”.

    In India, five out of six people in multidimensional poverty were from lower tribes or castes.
    In India, five out of six people in multidimensional poverty were from lower tribes or castes.

    ‘The world is moving backwards: UN chief

    In his message marking the Day, the UN Secretary-General, António Guterres, warned that the goal of eradicating poverty is being undermined, and “the world is moving backwards”.

    The UN chief declared that the COVID-19 pandemic set back more than four years of progress, and also cited widening inequality, the “gathering shadow” of a global recession, and the climate crisis as reasons for the faltering efforts.

    Mr. Guterres said that the theme for this year’s Day – “Dignity for all in practice” – must be a rallying cry for urgent global action, to finally “consign poverty to the pages of history”.

    Source: UN

  • EU provides €10 million support for Ghana’s food security

    The European Union (EU) on Friday signed an agreement to provide €10 million support Ghana’s food security and agribusiness value chain sectors.

    The support is part of the € 600 million the EU has allocated to finance humanitarian food aid and food production in Africa.

    The funds will specifically support families in the country to grow crops so that they can generate income and make food readily available and affordable on the local market.

    It is also expected to help promote climate smart (adapting agricultural methods to climate change) and ecological initiatives in a number of agribusiness value chains including soybean, beekeeping and vegetable production in the country particularly in Northern Ghana.

    The funds comes in the wake of global food shortages, hunger and economic shocks being experienced by people across the World due to the negative impacts of the COVID-19 pandemic and the ongoing Russia-Ukraine war.

    The EU Charge d’ Affaires, Pieter Smidt Van Gelder accompanied by a six-member EU delegation presented a dummy cheque of €10 million to a Deputy Minister of Finance, Abena Osei-Asare who received it on behalf of government at a short ceremony at the Ministry of Finance in Accra.

    The EU delegation were Ambassadors Daniela D’Orlandi of Italy, Jean Claude Galea Mallia of Malta and Jeroen Verheul of the Netherlands.

    The rest were Jose Javier Blanco-Navarette of Spain, Tamas Endre Feher of Hungary and Franziska Jebens, Head of Cooperation of Germany.

    Prior to the presentation, Mr Gelder said the emergency measure was adopted “in record time directly following the outbreak of the war and its negative consequences on global food security”.

    He explained that the EU mobilised its member states to “join forces and fight together against the global food security crisis”.

    He indicated that the new funds comes on top of “our 203 million Euro joint programming support already dedicated to Ghana for 2021-2024″.

    Mr Gelder stated that the intervention will complement government’s efforts to reduce poverty, hunger and malnutrition especially in vulnerable areas most affected by high prices of food, fertiliser and fuel.

    He said the funds would also strengthen the ongoing €132 million EU-Ghana Agricultural Programme (EU-GAP) which aims at increasing agricultural productivity, protection of natural resources, access to markets, infrastructure and capital for smallholder farmers.

    Mrs Osei-Asare in her response, expressed gratitude to the EU for the support saying “we are grateful to the EU for its continuous support to Ghana’s development agenda since the beginning of our relationship in 1975”.

    She noted that the EU had been a strategic partner of Ghana over the years with support to the country in sectors such as infrastructure development, good governance, agriculture and public financial management among others.

    She recalled vividly the “flexibility” exhibited by the EU in the provision of €86.5 million to the country as Emergency Budget Support during the peak of the COVID-19 pandemic.

  • Video shows Climate Activists throwing soup over Van Gogh painting at London Gallery

    Climate activists were taken into custody in London on Friday after tossing soup over a Vincent van Gogh piece.

    Per a report from the Guardian, the incident took place at the National Gallery and saw an entry from van Gogh’s Sunflowers series being targeted with cans of tomato soup. Footage of the act of protest, seen above, shows two activists approaching the piece before throwing the soup, at which point others in the room can be heard reacting with shock.

    “What is worth more, art or life?” one activist then tells the crowd. “Is it worth more than food, worth more than justice? Are you more concerned about the protection of a painting or the protection of our planet and people? The cost of living crisis is part of the cost of oil crisis. Fuel is unaffordable to millions of cold, hungry families. They can’t even afford to heat a tin of soup. Meanwhile, crops are failing. Millions of people are dying in monsoons, wildfires, and severe drought. We cannot afford new oil and gas. It is going to take everything we know and love.”

    Just Stop Oil, per its official website, is “a coalition of groups working together to ensure the government commits to halting new fossil fuel licensing and production.” On Friday, the activists also glued themselves to the wall of the gallery space.

    In a statement shared Friday morning, a National Gallery rep announced that two people had been arrested in connection with the incident. As for any impact on the painting, the rep confirmed there was only “minor damage to the frame.” The painting itself was not harmed.

    Source: Complex.com

  • KNUST Architecture student designs amphibious buildings with local materials, waste plastic bottles

    We are faced with uncertainties about the future due to the impacts of climate change on communities and our livelihoods.

    In the past decades, severe flooding in major cities and towns across the globe has resulted in loss of human life, damage to properties and infrastructure facilities, and destruction of crops among others.

    Coastal cities and island communities are among those facing the highest risks of climate change impact due to rising sea levels.

    Despite their huge tourism potential and economic opportunities, most island communities in Ghana are at risk of being abandoned due to climate crisis and limited investment.

    Azizakpe Island, located in the estuary of the Volta River, is one such example.

    Azizakpe has been in existence for more than a hundred years. However, in recent years, the island community faces existential threats due to severe flooding and erosion. About 20 acres of Azizakpe’s land has been lost to erosion.

    Farming and economic activities such as coconut oil production, crab hunting, boat making, fish mongering, weaving and broom making, etc. have been severely disrupted by this climate crisis and the emigration of most residents.

    To revitalize the community and make it attractive to both residents and visitors, a final-year Architecture student at the Kwame Nkrumah University of Science and Technology (Miss Rhoda Osei-Nkwantabisa), has designed resilient structures that can help the community withstand the impacts of floods and erosion.

    The proposed structures were designed based on the concept of Amphibious Architecture. This approach to design allows buildings to float on the surface of rising floodwater rather than succumb to inundation. The designer adapted local materials such as mangrove trees, thatch roof, woven coconut leaf walls, and bamboo raft floors.

    To enable the buildings to float without submerging, the designer created a bamboo cage at the base of each building. The cage is filled with waste plastic bottles for buoyancy in the event of a flood. The shape of the structures was inspired by the roots of the mangrove tree due to its ability to withstand floods and erosion.

    If sea levels rise in the future as has been predicted, the structures are designed to stay afloat with the aid of the bamboo cage and supporting mangrove sliding stilts.

    Due to the use of locally available materials and low-cost construction techniques, construction cost is estimated to reduce by 40 percent. This proposal, if implemented, will benefit the community socially, economically, and environmentally.

    The plastic bottles used to create buoyancy will reduce plastic waste in the community and its environs. The facility will also help to generate income for the community and the nation at large. It could serve as a model for the revitalization of island communities in Ghana.

    This research was supervised by Dr. Martin Larbi and Arc. Isaac Annor. The author gratefully acknowledges the support of Mr Emmanuel Kankam in the construction of the 3D impressions.

    This research was supervised by Dr Martin Larbi and Arc. Isaac Annor. The author gratefully acknowledges
    the support of Mr Emmanuel Kankam in the construction of the 3D impressions.

  • Ghana, USA need to partner to protect environment, adopt clean energy – Deputy Secretary of Energy

    The Department of Energy of the United States of America (USA) has called for strengthened partnership with Ghana to enhance environmental protection through sustainable exploration of mineral resources and adoption of clean energy.

    Deputy Secretary of Energy, David Turk, explained that all countries have an active role in efforts to mitigate the impact of climate change, hence the need for partnerships towards protecting the environment.

    He was speaking in Accra on Thursday when he led a delegation from the USA to pay a courtesy call on officials of the Ministry of Lands and Natural Resources.

    The delegation, including the USA Ambassador to Ghana, Ms Virginia E. Palmer, and other senior officials from the Department of Energy, were received by the two Deputy Ministers of the Ministry, Mr George Mireku Duker, and  Mr Benito Owusu-Bio.

    Mr Turk noted that the two countries could contribute to the protection of the environment through the adoption and promotion of clean energy methods as well as sustainable exploration and use of mineral resources.

    On the part of the USA, he said their commitment towards environmental protection had resulted in the passing of a clean energy legislation which would ensure the country invest US$500 billion into clean energy projects.

    Mr Turk explained that the USA would not only discuss issues about clean energy but would also provide adequate support to countries, including Ghana, to save the environment.

    As a country with a thriving democracy, he said the USA was convinced that Ghana should make their own decisions and be active participants in discussions about climate change and environmental protection.

    Mr Turk said the USA was committed to strengthening its relationship with Ghana in the areas of energy to promote the enactment of legislations that controlled the energy sector, and discourage methods and practices which would harm the environment.

    In his response, Mr Duker also highlighted the co-operation and rich history between Ghana and the USA, resulting in many achievements in the country.

    He commended the USA for leading the fight to protect the climate, saying that Ghana would adopt the measures necessary to reduce emissions and safeguard the climate.

    Ghana, he noted, was ready to partner with the USA for the exploration of the recently discovered lithium for shared benefits.

    On his part, Mr Owusu-Bio applauded the USA’s efforts in seeking to actively transition to new and clean energy practices.

  • Germany’s largest power producer to get rid of coal by 2030

    Energy firm RWE says it has reached a deal with the government to bring forward its phaseout of coal to 2030 in order to help achieve climate-protection goals.

    The government and German energy firm RWE announced on Tuesday that they had reached an agreement for the government to phase out coal by 2030, eight years earlier than originally planned.

    The move speeds up the closure of a number of large fossil fuel-fired power plants.

    With EU countries in the midst of a power crisis, the producer said it would have to keep its Neurath D and E power plant units on the grid “to strengthen the security of supply.” Neurath is a lignite-fired power station situated near the western town of Grevenbroich.

    In July, Chancellor Olaf Scholz’s government announced the temporary reactivation of 27 mothballed oil and coal-fired power plants to help fill the energy shortfall until March 2024.

    What RWE said about the coal phaseout

    RWE CEO Markus Krebber pointed out the need to maintain the supply while keeping in line with targets to phase out polluting fuel sources.

    “As more coal is needed in the short term, thereby leading to rising carbon dioxide emissions, we will need an earlier coal exit because this is the only way to continue to achieve the country’s climate protection goals,” Krebber explained at a press briefing.

    “Security of supply is the order of the day. At the same time, climate protection remains one of the key challenges of our time. RWE supports both,” Krebber said.

    “In the current crisis, we are contributing to the security of supply in Germany by temporarily increasing the use of our lignite-fired power plants and are thus also helping to displace gas from electricity generation,” RWE’s CEO said.

    The decommissioning of RWE’s Neurath D and E power plant unit would be pushed back to March 31, 2024. The process was initially planned to take place at the end of this year.

    According to the RWE statement, the early exit would have “a major impact” on many employees, with staff reductions expected to accelerate toward the end of the decade.

    What this means for coal-producing regions in western Germany

    In March of this year, RWE won a court victory, allowing the company to proceed with its lignite-mining operation in western Germany.

    The accelerated phaseout will prevent the eviction of residents from several villages and farms near the large lignite mine in Garzweiler. However, there is a notable exception.

    A farmer and two tenants had appealed a verdict that allowed RWE to clear forest, demolish buildings and excavate land at the edge of their property, effectively destroying the village of Lützerath.

    RWE said the coal under Lützerath was needed “to operate the lignite fleet at high capacity during the energy crisis.”

     

  • How a warming climate threatens Africa’s endangered forest elephants

    Dusk was falling when we drove into the forested expanse of Lopé National Park in central Gabon, leaving the town of Lopé—the last outpost on the way to the reserve—far behind.

    In the distance, the hills were changing color from blue to gray. On either side of the dirt road, a mosaic of savanna and thick tropical rainforest stretched to the horizon. The landscape looked so primeval that it was possible, in the moment, to think of human civilization as an illusion. Then, just as we were about to enter a dense patch of forest, our driver, Loïc Makaga, who manages the park’s research station, slammed on the brakes.

    “Elephants!” he said in a low, excited voice, pointing ahead. He turned off the engine.

    A few hundred yards in front of us, a procession of elephants emerged from the forest. In the moonlight I counted six, including a calf nudged along, presumably by its mother. They lumbered across the road at a leisurely pace, gliding into the foliage on the other side with an assuredness that suggested they’d been here many times before. Watching them from so close, I felt like a stranger who had ventured, uninvited, into some family’s ancestral home. Nevertheless, I pulled out my phone to capture the moment, but as I fumbled around with it, hoping to fulfill this trivial, human wish, a huge bull elephant standing less than a hundred feet to our right trumpeted aggressively, its trunk raised in the air.

    The rainforests of Gabon are one of the last strongholds for forest elephants, whose numbers in Central Africa have suffered a dramatic decline in recent decades because of poaching. Smaller than African savanna elephants, forest elephants are enigmatic beasts that roam trails they have traversed for generations, feeding on grass and leaves and fruit. They tread softly, moving quietly among the trees, like ghosts in the night. They appear to plan their search for food, much like humans once planned their food gathering around seasons, returning to the same trees when the fruit is most likely to be ripe.

    Just as the elephants depend on the forest to survive, many of Lopé’s trees rely on elephants to disperse their seeds through the animals’ dung. Some even produce fruit that cannot be digested by any other animal, suggesting a fragile interdependence with origins deep in evolutionary history.

    Despite being remote and relatively untouched by people, Lopé National Park and its elephants appear to be in trouble. Researchers have discovered that Earth’s warming temperatures could be lowering the fruit yield of many species of trees at the park, which in turn seems to be causing forest elephants to go hungry. Some are so undernourished that their bones poke into their thick hides. Because certain tree species depend on the animals to survive, the struggles of the elephant population could jeopardize the long-term sustainability of the forest.

    “Even in a place like Lopé National Park, where we have very little human pressure and very low density of population, wildlife cannot escape the impact of human activities—that being climate change,” says Robin Whytock, an environmental scientist at the University of Stirling in Scotland and one of the authors of a 2020 paper describing these findings in Science magazine.

    On a sunny, humid morning, I joined Edmond Dimoto, a field researcher with Gabon’s national park agency, on a hike through a lush forest on the slopes of a mountain called Le Chameau, since it’s shaped like a double-humped camel.

    Dimoto, a man of muscular build, had swapped his shoes for knee-high rubber boots. Treading carefully on a trail still damp and slippery from the previous night’s rain, he snipped tendrils and vines in his path with a pair of pruning shears. The forest hummed with the sounds of insects and trilled with birdsong.

    Stopping by a tree, Dimoto pointed out ants crawling on the trunk. Their bites were horribly painful, he told me: “Your arm will swell up like a balloon for a day.” We decided to move along, stepping over branches and fallen logs as we climbed. He showed me an elephant’s footprints. Still fresh, the markings showed that the animal had slipped in the mud.

    Dimoto came to a halt in front of a tree known as an Omphalocarpum procerum, which was dotted with doughnut-shaped fruit sprouting out of its trunk. The fruit has a tough shell that makes it unpalatable for every animal species except elephants. They use their head like a battering ram against the tree to shake off the fruits. Then, with stunning dexterity, they pick one up with the tip of their trunk, cradle it in a crook of the trunk, bring the fruit close to their mouth, and finally pop it in with a deft push from the tip.

    Sweat trickling down his neck, Dimoto peered through binoculars at the canopy above. He gazed up and down, doing a quick count of the number of fruits. After a couple of minutes, he took out a notebook and jotted down his observations about the abundance of leaves, flowers, and fruits. He rates each of the trees he surveys on a scale of one (sparse) to four (abundant).

    Dimoto’s observations are the continuation of a study that a primatologist named Caroline Tutin began in 1984, when she and her colleagues established a research station that’s still operating inside the park. They wanted to understand how seasonal variations in the amount of fruit affected gorillas and chimpanzees. Tutin’s research ended in the early 2000s, but the monthly monitoring of hundreds of trees marked with metal tags bearing unique numbers went on, making it the longest continuous study of its kind in Africa.

    Examining Lopé’s weather data for the previous three decades, Bush and her colleagues found that the average nighttime temperature had gone up by about 1.5 degrees. The amount of rainfall also had decreased significantly. Climate change was making Lopé hotter and drier.

    “We think this is the most credible theory as to why fruit has been declining,” Bush says.

    After Bush shared her results with Whytock, the two discussed how to figure out whether this was affecting the park’s wildlife. Whytock had just started a project to assess biodiversity in Lopé using hundreds of camera traps. He also had seen recent images of elephants from camera traps that Anabelle Cardoso of Oxford University had set up for her research.

    Looking for old images of elephants, Whytock turned to Lee White, a biologist who is Gabon’s minister of water, forests, the sea, and the environment. In the late 1990s, while doing research at Lopé, White had recorded hundreds of videos of elephants on his camcorder. “And he had kept all the tapes—literally hundreds of tapes,” Whytock says. “I was handed this enormous case of tiny digital camera tapes. I had no way to play them.”

    Whytock’s mother found a camcorder in her attic. From White’s tapes and other sources, Whytock was able to compile a database of thousands of elephant photos. He found that, on average, the body condition of forest elephants—scored by such criteria as how bony the animals looked—had declined by a pronounced 11 percent from 2008 to 2018. The scarcity of fruit in Lopé was the likeliest explanation. “Fruits and seeds are the highest calorie food in the elephant diet,” Bush says.

    One way Lopé’s elephants try to make up for the fruit shortage is by raiding people’s gardens in the middle of the night. Jean-Charles Adigou, whose house was on the edge of the park in a settlement of a few dozen homes, told me he often was woken up by elephants visiting his backyard, where bananas and plantains grew. To scare them away, Adigou and his neighbors would make as much noise as they could. But frequently it was too late, he said. A herd of six elephants can destroy a backyard plantation in minutes. “When I was young, this didn’t happen,” he said. “Elephants stayed far away from the village.”

    Another resident in the settlement, a fisherman named Vincent Bossissi, was expecting the worst. I talked to him as he sat on a plastic chair under a mango tree in his backyard, where he also grows corn. When I asked him about elephants, he turned grim and looked away. Mangoes were especially attractive to the animals, he said. He fully expected them to visit one of these nights and strip his mango tree of all its fruit. This explained the row of ripe mangoes on a table beside him. As the conversation went on, I watched him eat one after another, apparently to preempt any losses from a nighttime raid.

    Though Bossissi wasn’t enthused about elephants, Brigitte Moussavou, one of his neighbors, told me that many in the community were aware that elephants enable the regeneration of certain tree species, including the greatly valued moabi tree, whose seeds are used for cooking oil.

    “We want to protect our crops,” she said, “but we are not against elephants.”

    At Lopé National Park, scientists now are investigating whether climate change is altering the elephants’ diet. One morning, I accompanied two field researchers in search of elephant dung. We didn’t have to drive far before coming upon a fresh brownish-green, bucket-size pile beside the road. After slipping on rubber gloves, one of the researchers counted the number of lumps and then determined the circumference of each with a tape measure.

    The reason behind collecting such detail, he explained somewhat abashedly, was to document how much dung the elephants were producing—over time, these data would reveal how much they were eating.

    After collecting the dung in a plastic bag, we drove to a stream. The researchers emptied the contents onto a rectangular wire mesh and lowered it into the water, letting the finer poo wash away while leaving behind seeds, stems, and branches. From the seeds, Whytock explains, scientists hope to discover which fruits—and how much of them—the elephants are eating and then compare that with the dung studies White and others did three decades earlier. “This is a more direct way to measure if the forest elephant’s diet has been affected,” he says.

    On the drive out of Lopé early one morning, not far from where I’d seen the elephants, we saw a buffalo in the road, blocking our path. We stared at it, and it stared at us, standing its ground. A mist hung over the shrubs and trees. In the hushed silence, I found myself wondering about a world being reshaped by warming temperatures. The buffalo finally sauntered away, and we drove on. As the hills and forests receded, I was left with a troubling thought: Could the fraying of the ancient bond between trees and elephants in a place as pristine as Lopé be a forewarning? Was it the case that other seemingly untouched forests, with no Edmond Dimoto to observe their trees, already were being harmed in as yet unnoticed ways?

    Yudhijit Bhattacharjee is a contributing writer. Dutch photographer
    Jasper Doest documented the life of Flamingo Bob, a tame bird popular with children in Curaçao, in the February 2020 issue.

    This story appears in the May 2022 issue of National Geographic magazine.

    Learn more about National Geographic Explorer Paula Kahumbu.

    The National Geographic Society, committed to illuminating and protecting the wonder of our world, funds the work of Explorers around the globe. Learn more about the Society’s support of Explorers highlighting and protecting critical species.

    Source: nationalgeographic.com