• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, July 21, 2026
  • 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
in General News, Uncategorized

COP27: Over $1.3bn Made By Ghana From Climate Negotiations In 6yrs – Tamale North MP

Maynard Championby Maynard Champion
November 19, 2022
Reading Time: 3 mins read
Add as Preferred on Google
Hon Alhassan Suhuyini, MP For Tamale North

Hon Alhassan Suhuyini, MP For Tamale North

Hon Alhassan Suhuyini, Member of Parliament for the Tamale North Constituency, has alleged that Ghana has made over $1.3 billion from climate change negotiations in the last six years.

As one of the country’s delegates to the Conference of Parties (COP27) negotiations in Sharm el-Sheikh in Egypt, he commended the preparations and organization of the Ghana Negotiation Team.

“In the last six years, we have made about $1.3 billion from climate change negotiations.”

Hon Alhassan

Speaking in an interview, the MP called on African countries that receive monies that are meant for climate mitigation to be used for the right courses and be accountable to the donor countries.

However, he questioned the viability and evidence of the monies the country has earned from such conferences and negotiations in the past years.“With these monies, shouldn’t we be seeing more projects?”, he asked.

ADVERTISEMENT

Hon Alhassan further criticized President Akufo Addo’s proposal to richer nations to swap African nations’ debts for climate interventions when Ghana and other climate-vulnerable countries do not have major climate adaptative projects to show for the monies received so far.

Hon Alhassan Suhuyini described the call as a good one, but said, “we must also ask ourselves why we are in this debt cycle situation”.

A few years ago, Africa championed the Heavily Indebted Poor Countries (HIPC) initiative which saw the cancellation of our debt and less than a decade ago,we are asking for debt forgiveness again.

Negotiators at COP27 reach tentative deal on loss and damage

6364acc04b943
COP27, Egypt

Negotiators at the UN’s COP27 climate summit have reached a tentative agreement to establish a loss and damage funds for nations vulnerable to climate disasters, according to negotiators with the European Union and Africa, as well as non-governmental organization who are observing the talks.

The United States is also working to sign on to a deal on a loss and damage fund, Whitney Smith, a spokesperson for US Climate Envoy John Kerry, confirmed to CNN.

ADVERTISEMENT

The fund will focus on what can be done to support loss and damage resources, but it does not include liability or compensation provisions, a senior Biden administration official told CNN. The US and other developed nations have long sought to avoid such provisions that could open them up to legal liability and lawsuits from other countries.

This year’s Conference was held for the first time in an African country and two main themes or fields; loss and damage added to the negotiated items.

If finalized, this could represent a major breakthrough in negotiations on a contentious subject and it’s seen as a reversal, as the US has in the past opposed efforts to create such a fund. It could pave the way for an agreement at a final Sharm el-Sheikh COP27 plenary expected come on Saturday night Egypt time

ADVERTISEMENT

Countries which are the most vulnerable to climate disasters yet have contributed little to the climate crisis have struggled for years to secure a loss and damage fund.

Ghana was also one of the few countries that had a stand at the Conference.

READ ALSO:GSE Launches Green Bond Rules at its 32nd Anniversary Celebration

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: COP27ghanaPresident Akufo-AddoUS dollars
ShareTweetShareSendSend
Please login to join discussion
Previous Post

UK Prime Minister Visits Ukraine

Next Post

SOCIAL ENTERPRISES SHOULD BE EXEMPTED FROM PAYING TAXES

Related Posts

President John Dramani Mahama
General News

Mahama Unveils Greater Accra Development Gains to Chiefs

July 21, 2026
Speaker of Ghana’s Parliament, Rt. Hon. Alban Kingsford Sumana Bagbin
General News

Speaker Bagbin Warns MPs Against Abuse of Sirens, Police Escorts

July 21, 2026
Chairman Wontumi
General News

‘Hang On, Work Hard for the Party,’ Wontumi Told Me — Spokesperson

July 21, 2026
Inusah Fuseini
General News

Wontumi’s Political Insurance Expired On December 7, 2024 — Former Lands Minister

July 21, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

Morgan Rogers poses for the camera as he signs Chelsea contract

Chelsea Complete The Signing of Morgan Rogers From Villa

July 21, 2026
MoMo and GhIPSS Champion National Development by Digitising Informal Transport Payments

MoMo and GhIPSS Champion National Development by Digitising Informal Transport Payments

July 21, 2026
President John Dramani Mahama welcomes Wisconsin Governor Tony Evers to the Presidency, Jubilee House, during a trade mission focused on expanding economic cooperation between Ghana and Wisconsin.

Mahama Meets Wisconsin Governor to Strengthen Trade Partnerships

July 21, 2026
President John Dramani Mahama

Mahama Unveils Greater Accra Development Gains to Chiefs

July 21, 2026
Trump Rebuffs Putin’s Offer To Aid Israel-Iran Conflict Mediation

Trump Pledges Support For Lebanon

July 21, 2026
ADVERTISEMENT
Next Post
SOCIAL ENTERPRISES SHOULD BE EXEMPTED FROM PAYING TAXES

SOCIAL ENTERPRISES SHOULD BE EXEMPTED FROM PAYING TAXES

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.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.