• About
  • Advertise
  • Privacy Policy
  • Contact
Friday, October 10, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

It Is The Collective Responsibility Of The World To Change Global Financial Architecture- Jinapor

Stephen M.Cby Stephen M.C
November 15, 2022
Reading Time: 3 mins read
Stephen M.Cby Stephen M.C
in General News
0
Stop All Releases Of Public Lands And Render Account To Ghanaians- OccupyGhana

Minister for Lands and Natural Resources, Samuel Abu Jinapor.

Lands and Natural Resources Minister, Samuel Abu Jinapor, has revealed that it is the collective responsibility of the world to change the global financial architecture when it comes to climate change.

According to him, this will help them fit the sustainability standards needed to make climate action tenable. The West, he indicated, cannot ask cocoa farmers and developing countries like Ghana whose economies depend on industries; commodity industries like cocoa, to change their methods of agriculture, or cocoa production when they are contributing 0.04% emissions.

Mr Jinapor stated that Africans cannot be asked to make that sacrifice when they are not “historically responsible” for the situation the world finds itself in. He emphasized that whereas indeed it is the responsibility of the Ghanaian government to protect the interest of the cocoa farmer, it is the “collective responsibility of the world to change the global financial architecture, to change the global trading architecture”.

RelatedPosts

Why Always Money? – CDD-Ghana Fellow Blasts NPP’s ‘Outrageous’ GHS 4M Development Fee Demand

Corruption Allegations Rock Ghana’s School Placement System

NHIA Boss Moves to Ensure Members Are Not Denied Care Amid System Disruptions

The Lands Minister noted that without the express commitment of global leaders, particularly the Western World to creating a financial and trading architecture that supports the drive for sustainability, developing nations would be unable to meet the demands of the climate action.

Cocoa value chain in Ghana

Citing the demand for cocoa growing countries to ensure that their cocoa sectors are sustainable, the Minister concerted that while the cocoa sector is a contributor to climate change through deforestation, he explained that without adequate support for cocoa farmers, all climate actions in the sector will be meaningless.

“… Because the cocoa farmer has been used [to] and has been involved in this industry and enterprise for centuries in a particular manner by expanding their farms through planting their cocoa, by harvesting it in a particular way, suddenly because of climate change which is far away from him, which he barely has contributed to or which he’s not contributed anything to its occurrence, you’re telling the cocoa farmer to change his ways of cocoa industry.”

Samuel Abu Jinapor

Mr Jinapor expressed that when the cocoa value chain is examined, which is worth billions of dollars, the cocoa farmer “literally takes home nothing, takes home peanuts and is at the lowest or the bottom end of the value chain”. Therefore, he stated that if one is going to ensure that there is a sustainable cocoa industry, the cocoa farmer’s interest, his welfare, the cocoa farmer’s pricing, the pricing of cocoa, the issue of premium and other things must be factored into it.

So, we have to continue to push. The West has a moral responsibility and a duty, and as a matter of fact, it is in their own national and collective interest for us to change the global trading architecture. And cocoa, the commodity cocoa should be one of the areas we should look at…”

Samuel Abu Jinapor

The Lands Minister highlighted that President Akufo-Addo has persistently made calls to that effect, likewise the Minister for Agriculture and Minister for Environment. He revealed that Ghana’s position is that the pricing formula, the issue of premium on cocoa coming from Ghana and Cote D’Ivoire will have to be looked at again.

READ ALSO: Ofori-Atta Becomes First Finance Minister To Squander GHC12.4 Million Of Oil Revenues- Ablakwa

Tags: Climate ChangeCocoaCOP27Ghana News
Please login to join discussion
Previous Post

Censure Motion: Ad hoc Committee Meetings to be Aired Live

Next Post

Ghanaians Studying In US Higher Educational Institutions Up By 16% In 2021/22 Academic Year

[mc4wp_form id="1264"]

Related Posts

U.S Senate Approves Debt Ceiling Deal
USA

US Government Shutdown Persist For Ninth Day

October 9, 2025
Professor Stephen Kwaku Asare
General News

Why Always Money? – CDD-Ghana Fellow Blasts NPP’s ‘Outrageous’ GHS 4M Development Fee Demand

October 9, 2025
Corruption Allegations Rock Ghana’s School Placement System
General News

Corruption Allegations Rock Ghana’s School Placement System

October 9, 2025
Woman Swallows Eight Live Frogs to Cure Her Back Pain
Oddities

Woman Swallows Eight Live Frogs to Cure Her Back Pain

October 9, 2025
Ing. Kow Eduakwa Sam, Acting Chief Executive Officer of the Bui Power Authority (BPA)
Extractives/Energy

Bui Power CEO Urges Grid, Storage for Africa’s Renewables 

October 9, 2025
Chief Executive Officer of the National Health Insurance Authority (NHIA), Dr. Victor Asare Bampoe
General News

NHIA Boss Moves to Ensure Members Are Not Denied Care Amid System Disruptions

October 9, 2025
U.S Senate Approves Debt Ceiling Deal
USA

US Government Shutdown Persist For Ninth Day

by Comfort AmpomaaOctober 9, 2025
Professor Stephen Kwaku Asare
General News

Why Always Money? – CDD-Ghana Fellow Blasts NPP’s ‘Outrageous’ GHS 4M Development Fee Demand

by Evans Junior OwuOctober 9, 2025
Corruption Allegations Rock Ghana’s School Placement System
General News

Corruption Allegations Rock Ghana’s School Placement System

by Silas Kafui AssemOctober 9, 2025
Woman Swallows Eight Live Frogs to Cure Her Back Pain
Oddities

Woman Swallows Eight Live Frogs to Cure Her Back Pain

by Esther Korantemaa OffeiOctober 9, 2025
Ing. Kow Eduakwa Sam, Acting Chief Executive Officer of the Bui Power Authority (BPA)
Extractives/Energy

Bui Power CEO Urges Grid, Storage for Africa’s Renewables 

by Prince AgyapongOctober 9, 2025
Chief Executive Officer of the National Health Insurance Authority (NHIA), Dr. Victor Asare Bampoe
General News

NHIA Boss Moves to Ensure Members Are Not Denied Care Amid System Disruptions

by Evans Junior OwuOctober 9, 2025
U.S Senate Approves Debt Ceiling Deal
Professor Stephen Kwaku Asare
Corruption Allegations Rock Ghana’s School Placement System
Woman Swallows Eight Live Frogs to Cure Her Back Pain
Ing. Kow Eduakwa Sam, Acting Chief Executive Officer of the Bui Power Authority (BPA)
Chief Executive Officer of the National Health Insurance Authority (NHIA), Dr. Victor Asare Bampoe
[/vc_row_inner]

Recent News

  • US Government Shutdown Persist For Ninth Day
  • Why Always Money? – CDD-Ghana Fellow Blasts NPP’s ‘Outrageous’ GHS 4M Development Fee Demand
  • Corruption Allegations Rock Ghana’s School Placement System
  • Woman Swallows Eight Live Frogs to Cure Her Back Pain
  • Bui Power CEO Urges Grid, Storage for Africa’s Renewables 
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.