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SEND Ghana engages stakeholders on domestic climate financing

thevaultzby thevaultz
February 13, 2021
Reading Time: 3 mins read
thevaultzby thevaultz
in Agribusiness
0
SEND Ghana engages stakeholders on domestic climate financing

SEND Ghana, a non-governmental organization, has organized a climate change finance and accountability inception workshop to gather inputs from stakeholders on the possible ways of garnering financial support for climate adaptation and mitigation activities in Ghana.

The virtual inception meeting held on the title: “Domestic Climate Finance Accountability Landscape (CFA) in Ghana”, would aid the implementation of a project that seeks to undertake an assessment of the climate finance accountability landscape in Ghana.

Ghana is expected to mobilise about $22.6 billion from both local and international sources to implement its Nationally Determined Contributions (NDCs). The NDCs are strategies earmarked by countries to help in adapting the impact of climate change. Already, Ghana since last year, started discussions to look for ways of mobilising its local share of $6.3 billion to implement the NDCs.

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The Country Director of SEND Ghana, Mr George Osei-Bimpeh, explained to the participants that in collaboration with the International Budget Partnership (IBP) and the International Institute for Environment and Development (IIED), SEND Ghana was undertaking the assessment to serve as a basis for designing appropriate and relevant interventions that would promote accountable utilization of climate finance.

The purpose of the workshop, he said, was therefore, to introduce the project to stakeholders for their buy-ins and to generate information and feedback to strengthen the CFA assessment. He said the action also formed part of the “Inclusive Budgeting and Financing for Climate Change in Africa” (IBFCCA) initiative.

Mr. Osei-Bimpeh mentioned that IBFCCA initiative was a partnership project being implemented by the Collaborative Africa Budget Reform Initiative (CABRI), United Nations Development Programme (UNDP) regional office in Addis, International Budget Partnership (IBP) and the International Institute for Environment and Development (IIED). He added that the broader objective would help promote climate resilience in Africa and support governments and other stakeholders to benefit from the opportunities of a transition to a net-zero carbon future.

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Mr Osei-Bimpeh explained that the project would be delivered through effective engagement with stakeholders and would, among others, examine the current arrangements for integrating gender into climate change budgeting, while exploring whether there are institutions and systems in place for climate-related or gender-related budget and finance accountability. Additionally, it would investigate the extent to which women have and access opportunities to engage in climate-related budgeting and oversight processes.

He said activities implemented under the action were expected to contribute to increasing people understanding of the current climate finance accountability landscape as well as to support government and non-government actors in African countries to establish and utilize the systems, processes, and practices to ensure that climate change financing was used accountably and transparently to address climate change concerns.

The participants, which included state and non-state actors such as Ministries, Department and Agencies (MDAs), the Metropolitans, Municipalities, and Districts Assemblies, CSOs and the media working on climate change and climate change financing accountability and transparency, welcomed the Assessment project and committed their readiness to supporting it.

Read also: AfDB Extends Support to West African Countries for Climate Finance

Tags: Climate Change FinancingInclusive Budgeting and Financing for Climate Change in AfricaInternational Budget PartnershipSEND GhanaUnited Nations Development Programme
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