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in Extractives/Energy

Ghana Strengthens Ties with Canada to Accelerate Energy Transition 

Prince Agyapongby Prince Agyapong
June 13, 2025
Reading Time: 5 mins read
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Deputy Minister of Energy and Green Transition, Hon. Richard Gyan-Mensah

Deputy Minister of Energy and Green Transition, Hon. Richard Gyan-Mensah

Ghana is seeking deeper collaboration with Canada in the clean energy space as it advances a bold $550 billion energy transition strategy aimed at achieving net-zero emissions by 2070.  

Speaking at the Canada-Ghana Chamber of Commerce CEO’s Connect Breakfast Meeting in Calgary, Ghana’s Deputy Minister for Energy and Green Transitions, Hon. Richard Gyan-Mensah, outlined a roadmap for bilateral cooperation anchored in low-carbon fuels, green technologies, sustainable investment, and innovation. 

“This forum is more than a platform for dialogue — it is a launchpad for action.

“Ghana is committed to building a resilient, low-carbon energy economy, and we believe Canada is a natural partner in this transformation.” 

Hon. Richard Gyan-Mensah, Deputy Minister for Energy and Green Transitions

At the core of Ghana’s energy transition ambitions is a $550 billion Energy Transition and Investment Plan.  

The blueprint sets targets to boost renewable energy to 20% of the national mix by 2070, expand electric mobility, and roll out clean cooking solutions at scale.  

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The plan also includes natural gas deployment, biofuels development, green hydrogen, and emerging technologies such as carbon capture and storage (CCS). 

Energy Transition 4@2x
Energy Transition

While reaffirming Ghana’s position as a hydrocarbon producer, Gyan-Mensah emphasized the importance of “balancing hydrocarbons with a pivot toward cleaner fuels” — describing the country’s strategy as “practical, inclusive, and economically viable.” 

The Deputy Minister applauded Canada’s Clean Fuel Regulations (CFR), describing them as a model policy that harmonizes climate ambition with economic growth. The CFR is projected to cut 26 million tonnes of emissions by 2030 by promoting low-carbon fuels and tightening carbon intensity standards. 

“We are closely studying Canada’s CFR. It proves that economic growth and decarbonization can go hand in hand. Ghana aims to replicate this success.” 

Hon. Richard Gyan-Mensah, Deputy Minister for Energy and Green Transitions

He revealed Ghana’s plan to introduce a Local Carbon Fuel Market Scheme, designed to: “Incentivize low-carbon fuel adoption, enforce biofuel blending mandates, and establish a domestic credit market tied to carbon intensity reductions.” 

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The policy will align with Ghana’s broader net-zero roadmap and encourage public-private partnerships with Canadian firms. 

Strategic Areas for Canada-Ghana Collaboration 

Petroleum Hub Project
Petroleum Hub Project

The Deputy Minister highlighted four key priority areas where Ghana is actively seeking partnerships with Canada to advance its clean energy agenda.  

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First, in Low-Carbon Fuels Development, Ghana aims to leverage Canada’s expertise in biofuels, ethanol, and hydrogen to support the country’s emerging policy framework.  

Second, through Technology Transfer and Innovation, both nations can collaborate on joint ventures that focus on clean fuel tracking systems, blending technologies, and advanced emissions management solutions.  

Third, the Deputy Minister emphasized the importance of Capacity Building and Policy Dialogue, proposing the creation of a Canada-Ghana Clean Fuel Technical Exchange to facilitate knowledge sharing among regulators, technical experts, and industry stakeholders.  

Lastly, in the area of Green Financing and Investment, Ghana is encouraging Canadian investors to back environmentally and socially responsible (ESG-aligned) clean energy projects, not only within Ghana but across the broader West African region. 

Investment in Oil and Renewable Energy
Investment in Oil and Renewable Energy

Hon. Gyan-Mensah urged Canadian companies to view Ghana not only as a market but as a strategic gateway to the wider West African clean energy economy. 

“Policy stability, regulatory clarity, and robust public-private partnership frameworks are at the core of Ghana’s investment climate.” 

Hon. Richard Gyan-Mensah, Deputy Minister for Energy and Green Transitions

With regional integration efforts under ECOWAS, Ghana is positioned to become a clean energy leader in West Africa, fostering cross-border electricity trade and attracting global partnerships for sustainable growth. 

The Deputy Minister’s visit comes at a time of increased global attention to clean fuel strategies, with both Canada and Ghana facing climate deadlines and energy security pressures.  

For Ghana, the transition also carries social and developmental imperatives, including job creation, industrialisation, and reducing the country’s reliance on volatile global fuel markets. 

READ ALSO: Cedi to Remain Stable Against Major Currencies- Finance Minister Assures Ghanaians 

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Tags: Canada Ghana energyclean fuelsGhana energy transitionnet zero Ghanarenewable energyRichard Gyan-Mensah
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