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in Extractives/Energy

President Mahama Engages GCF on Boosting Climate Finance for Ghana 

Prince Agyapongby Prince Agyapong
August 15, 2025
Reading Time: 5 mins read
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President Mahama, Green Climate Fund Discuss Boosting Climate Finance for Ghana

President Mahama, Green Climate Fund Discuss Boosting Climate Finance for Ghana

President John Dramani Mahama has reaffirmed Ghana’s commitment to advancing climate action and green economic growth, following high-level talks with the leadership of the Green Climate Fund (GCF) at the Jubilee House in Accra. 

The meeting, led by GCF’s Director for the Africa Region, Catherine Candice Koffman, brought together key government officials, including the Minister of State for Climate Change and Sustainability, Hon. Seidu Issifu, and Presidential Advisor Hon. Joyce Bawah Mogtari.  

The discussions centred on deepening Ghana–GCF collaboration in climate finance and exploring opportunities to scale up funding for sustainable development initiatives. 

One of the central points of discussion was Ghana’s ambition to broaden direct access to GCF resources.  

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President Mahama reaffirmed his administration’s determination to secure national accreditation for the Ghana Infrastructure Investment Fund (GIIF), which would enable it to channel climate finance into large-scale infrastructure and green development projects.  

“We are keen on building the capacity of our national institutions to mobilise and manage climate finance effectively.

“This will not only speed up our green transition but also ensure that resources are aligned with Ghana’s developmental priorities.” 

President John Dramani Mahama

He also requested GCF’s technical assistance to prepare the National Investment Bank (NIB) as a candidate for future accreditation. 

President John Dramani Mahama
President John Dramani Mahama

The President also made a strong case for Accra to host a GCF Regional Office serving West Africa and beyond.  

He underscored the country’s political stability, strategic location, and established track record in climate governance as compelling reasons to select Ghana as the regional hub. 

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“We believe Ghana is uniquely positioned to provide a secure, efficient, and politically supportive environment for the GCF’s regional operations.”  

President John Dramani Mahama

President Mahama added that such an office would significantly enhance coordination and support for climate action across West Africa.

President Mahama further outlined his government’s commitment to integrating climate considerations into flagship development policies.  

He presented the climate-smart dimensions of the Big Push Policy, an ambitious infrastructure and industrialisation agenda that prioritises sustainable and low-carbon solutions.  

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He also sought GCF support for the 24-Hour Economy Policy, which aims to expand green infrastructure, improve sustainable energy access, and promote energy efficiency across sectors. 

“Our flagship policies are not just about economic growth—they are about building resilience, creating green jobs, and ensuring sustainability for future generations.” 

President John Dramani Mahama

GCF Signals Strong Willingness to Collaborate 

Hon. Seidu Issifu Minister of State for Climate Change Sustainability
Hon. Seidu Issifu, Minister of State for Climate Change & Sustainability

In response, the GCF leadership expressed optimism about deepening engagement with Ghana.  

Ms. Koffman praised President Mahama’s leadership in the global climate arena, citing Ghana’s recent institutional reforms as evidence of strong political will.  

“The establishment of the Office of the Minister of State in Charge of Climate Change and Sustainability, along with the creation of the Ministry of Energy and Green Transition, shows decisive governance and a commitment to climate-resilient growth.”  

According to her, such actions have positioned Ghana as a model for climate governance and green development in Africa. 

Ms. Koffman affirmed the Fund’s readiness to work closely with the government in mobilising resources and technical expertise to support the President’s climate and development vision.  

“We are encouraged by Ghana’s leadership and strategic approach to climate action. The GCF is committed to partnering with Ghana to deliver transformative, scalable, and impactful projects.” 

Established under the United Nations Framework Convention on Climate Change (UNFCCC), the Green Climate Fund is the largest dedicated climate finance mechanism in the world.  

It provides funding to developing countries for both mitigation and adaptation projects, working through accredited national, regional, and international entities to promote low-emission, climate-resilient development pathways. 

Strengthened Partnership for the Green Transition 

Cedric Dzelu Technical Director at the Office of the Minister of State for Climate Change and Sustainability 2
Cedric Dzelu, Technical Director at the Office of the Minister of State for Climate Change and Sustainability

The meeting concluded with a shared commitment to intensify collaboration and accelerate Ghana’s green transition.  

With GCF support, Ghana is set to scale up its renewable energy deployment, enhance climate-resilient infrastructure, and drive industrial transformation in line with global climate goals. 

Cedric Dzelu, Technical Director at the Office of the Minister of State for Climate Change and Sustainability, described the engagement as “a clear demonstration of Ghana’s seriousness in matching political commitment with strategic partnerships to unlock climate finance.” 

As the world races to meet the targets of the Paris Agreement, Ghana’s proactive approach anchored in strong leadership and forward-looking policies offers a blueprint for other developing nations seeking to balance economic development with environmental sustainability. 

READ ALSO: Ghana Set to Smash All 2025 Economic Targets – IC Research Hails Strong H1 Performance 

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Tags: 24-Hour Economy PolicyBig Push policyclimate change GhanaGCF Ghana officeGhana climate financeGreen Climate FundJohn Dramani MahamaRenewable Energy Ghana
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